Bitcoin Price Could Surge to $90,000s if it Breaks Above Key Resistance Level

Crypto analyst Ali Martinez has predicted that Bitcoin's price could reach the $90,000s if it breaks above $83,000. In a recent post on X, Martinez highlighted the significance of a weekly bullish MACD crossover on Bitcoin's chart, which he noted has historically marked the start of multi-month uptrends.

According to Martinez, similar crossovers in the past have led to significant price increases, including a 147% rally in October 2023 and a 35% gain in May 2025. The analyst emphasized that a clear daily close above $83,000 would be a crucial indicator of Bitcoin's potential for growth.

Martinez also pointed out that the current market conditions are favorable for a price surge, citing the prevalence of short positions and the recent increase in trading volume. However, he cautioned that a failure to break above $83,000 could lead to a decline to $75,800 or lower.