HomeBitcoin NewsBitcoin Nears $130K Resistance as Kaleo Maps Path Toward $280K

Bitcoin Nears $130K Resistance as Kaleo Maps Path Toward $280K

- Advertisement -
  • Kaleo says Bitcoin clearing $130,000 trendline could trigger vertical acceleration, with historical cycles implying potential path toward $280,000.
  • ETH/BTC trends higher as resistance approaches; Kaleo expects continuation, highlighting relative strength and constructive market structure versus Bitcoin.

Crypto trader Kaleo says Bitcoin is approaching a line that has a capped price near $130,000. He argues that a clean break above that trendline would start a “vertical acceleration,” lifting BTC and, by extension, other tokens.

He points to earlier cycles where rallies expanded after price met similar long-range lines. His shared chart implies upside room toward $280,000 if momentum holds.

“Bottom looks like it’s in fellas. Look at the trend from the previous bull markets when price has come up against similar HTF (high timeframe) resistances.

Bitcoin trades near $111,386 today after a flat session

The trader frames recent drawdowns as part of a longer pattern in which markets pause before they run. He adds that common cycle gauges do not yet show a peak. He cites three checks: peak-style metrics are absent, sentiment does not look overheated, and exponential moving averages still sit below levels seen near prior tops.

He also tracks Ethereum’s progress against Bitcoin. ETH/BTC trends higher and presses resistance. He calls it “Ethereum season,” suggesting relative strength may continue if the pair breaks out. At print, ETH/BTC trades around 0.03867 BTC (about $4,311 for ETH), modestly higher on the day.

DOGEUSDT_2025-09-10_16-29-18

For Dogecoin, he highlights a break from a descending channel. He expects faster movement above $0.25 if buyers keep control. DOGE trades near $0.24 after a small dip, with the ceiling in view. The read is simple: clear $0.25 and momentum can pick up.

SUIUSDT_2025-09-10_16-30-01

Finally, he maps Sui within a symmetrical triangle. He notes that $3.00 support held and that a push through the upper boundary could carry SUI to new highs. He labels $10+ a “magnet,” which captures the pull traders often feel when price crowds an old high.

None of this erases risk. Breakouts can fail. Liquidity can thin. Still, the checklist is concrete: watch BTC near $130,000, ETH/BTC resistance, DOGE at $0.25, and SUI’s triangle edge. The tape will do the talking.

ETHBTC_2025-09-10_16-23-14
Source: ETHBTC/Tradingview

ETH/BTC trading pair stands at 0.03810 BTC, showing a 1.42% decline over the last 24 hours and a 2.01% drop on the weekly timeframe, according to data from TradingView.

Despite the short-term weakness, the monthly gain remains positive at 6.99%, and the six-month performance reflects a strong rise of 65.77%, suggesting a longer-term recovery trend is still in play.

ETHBTC_2025-09-10_16-24-23
Source: ETHBTC/Tradingview

The current daily price range has fluctuated between 0.03800 and 0.03927 BTC, with volume around 16.7K ETH. Technical indicators show a neutral trend, with oscillators not confirming a strong directional bias.

Moving averages also signal neutrality, suggesting that the market may be awaiting a catalyst before a decisive move. On the macro chart, ETH/BTC remains within a large symmetrical triangle, and price is hovering near the lower band of this formation.

ETHBTC_2025-09-10_16-25-31
Source: ETHBTC/Tradingview

However, caution remains. ETHNews analysts, such as Isai Alexei, point out that RSI levels suggest a pullback phase, and that ETH/BTC historically shows volatility before altcoin seasons. A retest of the 0.036–0.037 support zone is not ruled out. For bullish continuation, the pair must reclaim the 0.0395–0.0405 level with convincing volume.

Disclaimer: ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
Isai Alexei
Isai Alexei
As a content creator, Isai Alexei holds a degree in Marketing, providing a solid foundation for the exploration of technology and finance. Isai's journey into the crypto space began during academic years, where the transformative potential of blockchain technology was initially grasped. Intrigued, Isai delved deeper, ultimately making the inaugural cryptocurrency investment in Bitcoin. Witnessing the evolution of the crypto landscape has been both exciting and educational. Ethereum, with its smart contract capabilities, stands out as Isai's favorite, reflecting a genuine enthusiasm for cutting-edge web3 technologies. Business Email: info@ethnews.com Phone: +49 160 92211628
RELATED ARTICLES

LATEST ARTICLES