{"id":128398,"date":"2025-05-01T20:18:52","date_gmt":"2025-05-01T20:18:52","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=128398"},"modified":"2025-05-01T20:18:52","modified_gmt":"2025-05-01T20:18:52","slug":"bitcoin-trader-says-btcs-cycle-top-in-125k-to-150k-range-if-certain-conditions-are-met","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=128398","title":{"rendered":"Bitcoin trader says BTC\u2019s cycle top in $125K to $150K range if certain conditions are met"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsKey takeaways:<br \/>\nBitcoin could reach $150,000 by August or September of this year if BTC breaks above the parabolic slope pattern.<br \/>\nBitcoin (BTC) price jumped to new quarterly highs at $96,700 on May 1, a day after the US GDP contracted -0.3% for the first time since Q2 2022. Amid heightened economic concerns, the probability of a Federal Reserve interest rate cut rose to 62.8% for the June 18 Federal Reserve meeting.<br \/>\nOver the past 24 hours, short position liquidations exceeded $137 million, with Alphractal founder Joao Wedson observing that BTC&#8217;s price momentum continues to favor bullish trends.<br \/>\nBitcoin aggregated liquidation heatmap. Source: X.comPeter Brandt predicts a $150K Bitcoin top by Q3<br \/>\nIn a recent post on X, veteran trader Peter Brandt forecasted a Bitcoin price rally, potentially reaching $125,000 to $150,000 by August or September 2025. The trader predicted a parabolic arc pattern in Bitcoin\u2019s price chart\u2014a technical formation often signaling rapid rises followed by sharp corrections, as seen in the 2017 Bitcoin surge.<br \/>\nBitcoin 1-week analysis by Peter Brandt. Source: X.comBrandt noted that Bitcoin must reclaim its broken parabolic slope to achieve the above target. However, he cautioned that a 50%+ correction could follow the peak, reflecting the pattern\u2019s characteristic volatility.<br \/>\nFrom an onchain perspective, Bitcoin researcher Axel Adler Jr. pointed out that Bitcoin is on the cusp of a \u201cstart\u201d rally zone. The analyst underlined three scenarios, with the optimistic (bull) case outlining a price target above $150,000. Adler Jr. added,<br \/>\n\u201cIf the Ratio breaks through 1.0 and holds above it, the NUPL\/MVRV metrics will show a new impulse, and the price could reach $150-175K, repeating the cycle logic of 2017 and 2021.\u201d<br \/>\nBitcoin Composite Index. Source: CryptoQuantIn a baseline scenario, BTC&#8217;s price may consolidate within a $90,000 to $110,000 range if new capital inflows remain limited and existing investors do not increase their positions.<br \/>\nLastly, a bearish case could unfold if further profit-taking from short-term holders takes place, leading to a correction down to $85,000-$70,000.<br \/>\nOver the past two weeks, Bitcoin has displayed a consistent breakout pattern, surging 13% before entering sideways consolidation, then breaking out again to reach $93,000\u2013$96,000.<br \/>\nBTC is currently breaking out of its existing resistance range. Still, as shown in the chart below, a significant volume cluster between $96,000 and $99,000 suggests a phase of consolidation before Bitcoin can test the $100,000 mark.<br \/>\nBitcoin 1-day chart. Source: Cointelegraph\/TradingViewRelated: Bitcoin price about to \u2018blast\u2019 higher as Fed rate cut odds jump to 60%<br \/>\nThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-trader-says-btc-s-cycle-top-in-125-k-to-150-k-range-if-certain-conditions-are-met?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsKey takeaways: Bitcoin could reach $150,000 by August or September of this year if BTC breaks above the parabolic slope pattern. Bitcoin (BTC) price jumped to new quarterly&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128398"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128398"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128398\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128398"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}