Bitcoin’s $150,000 Target Just ‘3 Months Away’ as Analyst Updates Bull Cycle Countdown
Main Idea
An analyst predicts Bitcoin could reach $150,000 in three months based on historical halving cycles and current market trends.
Key Points
1. Crypto Bullet, a popular analyst, estimates Bitcoin could hit $150,000 in three months, revising an earlier four-month prediction.
2. Historical data shows Bitcoin typically reaches a new all-time high 518-546 days after each halving, with the last halving occurring on April 15, 2024.
3. Bitcoin is currently trading below $115,000, with potential short-term bearish pressure, but long-term bullish trends remain intact.
4. If Bitcoin drops below $110,000, it could slide further toward $106,000, but the end of Q3 is expected to be a significant turning point.
5. Strong on-chain activity and long-term holders (HODLers) indicate sustained commitment to Bitcoin despite short-term volatility.
Description
Bitcoin’s move to $150k or even further is imminent, according to one popular analyst on X, his analysis estimated that a $150k move was just four months away.
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- Bitcoin’s $150,000 Target Just ‘3 Months Away’ as Analyst Updates Bull Cycle Countdown2025-08-01 20:56:09