Recent analysis suggests a breakout in Bitcoin price is possible, with the air gap model predicting a target of $185,000. This projection is based on historical correlations between Bitcoin’s price and global money supply and gold prices. Tephra Digital and Glassnode data revealed the price could climb to these levels if historical trends hold true. 2 Key points from their analysis: *Air gap models suggest a potential $185,000 break in the coming months.* *Bitcoin funding rates remain neutral, signaling a lack of strong selling pressure but also indicating less activity compared to earlier periods.* These figures have been supported by Glassnode data revealing that the price has hovered near the key recovery zone at $114,000-$116,000, highlighting its crucial role in short-term momentum. However, a dip below this support level could trigger a further decline towards $93,000 to $95,000.