Bitcoin’s Price Could Reach $150K: What Will Happen Next Will Shock You!

Key Takeaways:

  • Bitcoin might soar to $150,000 by the end of summer – IF it manages to break through that fancy parabolic slope pattern. Ooh, sounds dramatic, doesn’t it?

So here’s the deal: Bitcoin (BTC) just jumped to a shiny new quarterly high of $96,700 on May 1st, right after the US GDP dipped by -0.3%—the first time since Q2 2022. Someone pass the smelling salts! Naturally, this sent the Fed rate cut speculation into overdrive, with a 62.8% chance of the Federal Reserve cutting rates by June 18. Oh, the joy of economic uncertainty!

Meanwhile, short positions were getting liquidated faster than a new season of a popular Netflix show, exceeding a whopping $137 million. Joao Wedson, founder of Alphractal, observed that Bitcoin’s price momentum is basically throwing confetti for bullish trends. The market’s got a case of the good vibes!

Peter Brandt’s Crystal Ball Predicts a $150K Bitcoin Top by Q3

Peter Brandt, that grizzled veteran trader who has probably seen it all, recently posted on X (formerly Twitter, but don’t call it that) predicting Bitcoin’s price could hit anywhere from $125,000 to $150,000 by August or September 2025. Yes, really. He’s all in on a parabolic arc pattern, which, in layman’s terms, means rapid rises followed by big ol’ corrections. Think 2017, folks—wild, right?

But hold your horses! Brandt warned us that once Bitcoin hits those stratospheric levels, a 50% correction could follow. It’s like that moment when you get too cocky and then trip over your own feet. Classic Bitcoin.

Now, let’s bring in Axel Adler Jr., a Bitcoin researcher with a name that sounds like he could solve a murder mystery. Axel thinks we’re right on the edge of something big—a “start” rally zone, to be precise. He’s got three scenarios in mind, with the most optimistic (aka the bull case) suggesting Bitcoin could break $150,000. He added, and here’s where it gets extra spicy:

“If 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.”

Now, let’s keep our feet on the ground. In the baseline scenario, Bitcoin’s price might just stay in the $90,000 to $110,000 range—nothing too wild, just a solid, respectable number. But don’t get too comfy. If capital inflows slow down, or if investors start hoarding their positions like squirrels before winter, we could see some sideways action.

Finally, in the worst-case scenario (and don’t say we didn’t warn you), Bitcoin could drop to a more modest range of $85,000-$70,000. Like an investor’s worst nightmare, but with a bit more sadness than panic.

In the past two weeks, Bitcoin’s been playing it cool, breaking out by 13% before taking a breather and entering a sideways consolidation phase. Then it broke out again, hitting the $93,000–$96,000 mark. The excitement! But wait, there’s more…

Right now, Bitcoin’s pushing through its current resistance. But as you can see in the chart below, there’s a big, chunky volume cluster hanging out between $96,000 and $99,000. That suggests we’ll be in for a bit of a consolidation before Bitcoin even thinks about hitting $100,000. Such drama. Much anticipation.

Read More

2025-05-01 23:14