Bitcoin Charts Point to $132K Short Term, $185K Long Term as Liquidity Builds

Bitcoin hovered near $90,000 as multiple chart based posts on X outlined upside scenarios driven by technical structure, liquidation pressure, and global liquidity trends. Together, the visuals frame a market caught between short term compression and longer term valuation models that place BTC well above current levels.

Chart post flags $132K target after a rebound from the $80K zone

Bitcoin traded near $90,076 as a crypto commentator on X claimed the latest pullback has ended and projected a move to $132,000 within about 60 days, citing a TradingView daily chart of the BTC USDT pair.

Bitcoin USDT Daily Chart Projection. Source: TradingView/X

The post came from Klarck, who wrote that “$BTC is going to $132,000” and described the “last drop” as finished. The screenshot shows Bitcoin recovering from a late 2025 low area marked just above $80,000, then turning higher into early 2026 as price pushed back toward the low $90,000s.

On the chart, white arcs highlight earlier swing structures, including a rounded bottom in the first half of 2025 and a later topping region near the $120,000–$125,000 area before the sharp decline into November and December. A green dashed path drawn to the right sketches a step up from current levels, with interim pullbacks, before reaching the $132,000 label near the top of the price scale.

The same projection implies that the market would need to clear the mid range created during the selloff and reclaim the prior distribution zone around the low $100,000s before any retest of the earlier highs. The post did not cite catalysts, and it framed the move as a technical continuation rather than a news driven scenario.

Liquidation heatmap highlights pressure near $92K and $88K

The CoinGlass heatmap shows the brightest concentration of potential liquidations sitting slightly above spot, centered around the $91,500–$92,500 range. That band appears as a continuous yellow stripe, indicating a large build up of leveraged short positions that could be forced out if price pushes higher. As a result, a move into that zone would likely accelerate volatility as stop outs trigger.

Binance BTC USDT Liquidation Heatmap 24 Hour: Source: CoinGlass

Below current levels, another broad liquidity pocket stretches from roughly $87,500 to $88,500, marked by long horizontal bands. This area aligns with the prior intraday lows seen during the late session dip, suggesting that a downside move could be drawn toward that region if selling pressure resumes. The distribution shows fewer dense clusters in the immediate middle, which explains the recent sideways behavior around $89,000–$90,000.

Overall, the heatmap structure frames a compression between two liquidation magnets. A push above $92,000 would expose a larger pool of upside liquidations, while a breakdown below $88,000 could trigger a fast sweep lower. Until one side gives way, the data supports continued range bound trading with sharp reactions near those levels.

Global liquidity model places Bitcoin below projected fair value

The post, shared by Atlas, referenced a chart titled Bitcoin Global Liquidity, which overlays Bitcoin’s market price against a global liquidity index fitted with statistical bands. On the visual, Bitcoin’s price appears as a white line, while global liquidity is shown in green, surrounded by shaded ±1σ and ±2σ deviation ranges. The model reports a high historical fit, with an R² of 0.9607, suggesting a strong long term relationship between liquidity expansion and Bitcoin’s price behavior.

Bitcoin Global Liquidity Model: Source: Atlas/X

From early 2023 through early 2026, the chart shows global liquidity trending steadily higher, while Bitcoin oscillates around that trend. In several periods, including mid 2024 and late 2025, Bitcoin moved toward the upper deviation bands before pulling back. At the latest point on the chart, BTC trades below the central liquidity curve, with the model’s midpoint extending upward toward the $180,000–$190,000 area.

The implication of the visual is that Bitcoin remains under its modeled equilibrium level if global liquidity continues to expand along the same trajectory. The post framed the gap between current price and the projected midpoint as a valuation shortfall rather than a short term trading signal. No timeframe or macro trigger was cited, and the claim relied entirely on the historical correlation shown in the chart.