Analyst Maps Bitcoin Path To $104,000, $124,000 And $134,000 While Keeping $200,000 Long-Term Target In Play

Bitcoin surged past the six-figure zone in 2024 and later set a record peak at $126,000, reinforcing long-term bullish expectations even as it now trades below $100,000. According to an analysis by Setupsfx on TradingView, the recent reclaim of $70,000 with strong buying volume supports a recovery structure with key upside targets at $104,000, $124,000 and $134,000, while a $200,000 price objective remains a long-term possibility. The $104,000 area is highlighted as a major liquidity gap and resistance region that Bitcoin must clear to sustain the broader uptrend.