Bitcoin May Rebound to Six-Figures Before October, BTC Price Technicals Suggest

Bitcoin’s double-bottom setup, weekly RSI divergence and whale flows put traders on alert as BTC tests a key breakout zone. Bitcoin (BTC) chart technicals suggest that the BTC price rebound to $100,000 may still happen by September. Source:_[_TradingView_](https://www.tradingview.com/symbols/BTCUSD/) **Key takeaways:** * Bitcoin is painting a potential double-bottom and bullish divergence pattern. * BTC price must break above a resistance confluence near $66,700 BTC rebounded 13.25% from its local low below $60,000, as a [preliminary truce between the US and Iran](https://cointelegraph.com/markets/bitcoin-nears-65k-as-trump-says-hormuz-will-open-to-all-in-sunday-iran-peace-deal) revived risk appetite across global markets. The recovery pushed BTC back toward $67,000 on June 15, tracking a broader relief rally in risk assets after the geopolitical breakthrough pressured oil prices lower and reduced near-term [inflation fears](https://cointelegraph.com/markets/bitcoin-tags-632k-as-btc-price-action-ignores-new-iran-hormuz-closure). Now, the three-day Bitcoin chart is flashing a potential double-bottom reversal near the $60,000 support zone. BTC has rebounded from the $60,000 area for the second time in 2026, strengthening the case that buyers are defending the same demand region that previously supported the market during earlier corrections. As long as BTC holds above the $60,000 support, the double-bottom structure remains active. The setup’s neckline sits near $81,000, where Bitcoin previously stalled before the latest leg down. A decisive close above that level would confirm the double-bottom pattern and open the door to a measured move toward $108,000 by August or September, or over 60% from current price levels.