Crypto Analyst’s Shocking Prediction: Bitcoin (BTC) Poised to Surge to $130,000!

Jakarta, Pintu News – Bitcoin (BTC) has recently shown a stable price pattern in the range of $84,000 to $82,000, but the latest technical analysis shows significant upside potential. With a cup-and-handle formation forming, investors may witness an unexpected price surge.

Cup-and-Handle Pattern Promises Bitcoin (BTC) Rise

In recent days, Bitcoin (BTC) appeared to be stuck in a narrow price range, leaving many market participants feeling uncertain about the possibility of a price increase. However, an analysis from the TradingView platform shows that Bitcoin (BTC) is forming a cup-and-handle pattern, which is a bullish indicator in technical analysis.

This pattern usually signals price accumulation and is followed by a sharp rise after the price manages to break the resistance. With Bitcoin (BTC) now nearing the end of the pattern, expectations for a price surge are becoming stronger. Analysts believe that this could be a turning point for a new Bitcoin (BTC) price trend.

Also Read: Bitcoin Miner Sales Still High, On-Chain Data Reveals Bearish Trend (3/19/25)

Elliott Wave Analysis Shows Spike Potential

Using the Elliott Wave technical framework, Bitcoin (BTC) is estimated to be in its fifth impulse wave phase, which generally indicates a bullish trend. This wave is often followed by the ABC corrective sub-wave, which has led Bitcoin (BTC) to retest the support of the cup-and-handle formation.

After reaching this support, Bitcoin (BTC) is expected to continue forming the fifth impulse wave. This is expected to push the price towards targets above $130,000, providing great opportunities for investors monitoring this movement.

Implications for Investors and Markets

If this prediction is proven, investors who hold Bitcoin (BTC) or who are planning to buy may experience significant gains. Such a price increase as predicted could change the dynamics of the cryptocurrency market as a whole, encouraging more adoption and investment in digital assets.

In addition, Bitcoin (BTC) price spikes can also have a positive impact on other altcoins, often creating a domino effect in the crypto market. Investors are advised to monitor technical indicators and market news to make the right investment decision at the right time.

Conclusion

With supportive technical analysis and significant upside potential, the future of Bitcoin (BTC) looks bright. Although the cryptocurrency market is known for its volatility, current patterns and analysis suggest that it may be the right time for long-term thinking investors to consider Bitcoin (BTC) as part of their portfolio.

Also Read: Ethereum (ETH) has the potential to surge sharply, analysts reveal similarities with 2020 trends

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. Bitcoin Reversal to $130,000. Accessed on March 19, 2025
• Featured Image: Generated by AI