Bitcoin News Today: Bitcoin's $113K Rally: A Fight for $140K or a Warning of 2026's Bear?

Bitcoin (BTC) price recently rallied above $113,000 on Friday, signaling a potential breakout for the broader cryptocurrency market. The move was marked by a long wick on the candlestick, indicating strong resistance at higher levels. Sellers pulled BTC below $110,000 on Thursday, but buyers quickly absorbed the dip, pushing the price back above $113,000 by Friday. Analysts, including Joao Wedson of Alphractal, have noted the possibility of BTC reaching $140,000 before potentially entering a bear market in 2026, depending on the strength of institutional demand and ETF-related momentum [1]. Critical levels to monitor include $116,000 as a potential trigger for a new uptrend and $104,000 as a key support [1].

Ether (ETH) has been trading within a tight range between $4,500 and $4,250, reflecting a balance between bullish and bearish forces. The 20-day EMA remains relatively flat, and the RSI is near the midpoint, offering no clear directional bias. A break above $4,500 could indicate renewed buying pressure, pushing the price toward $4,664 and potentially $4,957. However, if the price drops below $4,250, a decline to $3,745 could follow, with the $4,094 level expected to offer strong support [1].

XRP (XRP) has formed a descending triangle pattern, with a critical support level at $2.73. The 20-day EMA is currently at $2.90, and the RSI is just below the midpoint, suggesting a slight advantage for sellers. A sharp drop below the 20-day EMA could increase the risk of breaking through $2.73, potentially leading the price down to $2.20. Conversely, a break above the 20-day EMA would signal weakening bearish control, opening the path for XRP to reach $3.40 and, eventually, $3.66 [1].

BNB (BNB) has been locked in a tight battle near the 20-day EMA ($848), with the RSI and EMA both showing no clear advantage for either bulls or bears. A move below $840 could target the 50-day SMA ($816), but buyers are expected to defend the $794 level. A break and close above $881 would signal bullish strength, potentially pushing BNB toward $1,000 as the price gains momentum above $900 [1].

Solana (SOL) has faced resistance at $210, turning down on Thursday but finding support at the 20-day EMA ($198). Bulls will need to push the price above $218 to complete a bullish ascending triangle pattern, potentially leading to a rally toward $260. However, a pullback below the uptrend line could invalidate this setup, dragging the price down to $155 before buyers might step in to stabilize the market [1].

Source: [1] Price Predictions 9/5 BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, SUI (https://cointelegraph.com/news/price-predictions-9-5-btc-eth-xrp-bnb-sol-doge-ada-link-hype-sui)