Shocking Prediction: Bitcoin (BTC) Has the Potential to Reach $250,000 in 2026!
Jakarta, Pintu News – An analyst known for his timely predictions about Bitcoin recently revealed that the cryptocurrency has the potential to reach a very high price in 2026. Based on three technical signals, the analyst who goes by the pseudonym Cheds shared his analysis with 49,700 subscribers on YouTube, indicating that Bitcoin (BTC) is showing significant strength in its weekly chart.
First Bullish Signal: Cup-and-Handle Pattern
In his latest strategy session, Cheds highlighted that Bitcoin (BTC) has shown a cup-and-handle pattern on its weekly chart, a bullish continuation structure that signals that the asset is ready to go higher after a period of consolidation. Not only does this pattern indicate market strength, but it also provides confirmation that the existing uptrend has a solid foundation. This analysis adds confidence that Bitcoin (BTC) will continue to rise in price.
Also Read: Ripple (XRP) Shakes Dollar’s Dominance in Global Markets, Will XRP Price Rise in the Near Future?
Second Bullish Signal: Strong Consolidation
Cheds also emphasized on the consolidation period that Bitcoin (BTC) has undergone between $16,000 and $70,000 as a second bullish signal. The long duration of time in this price range suggests that Bitcoin (BTC) has built a solid foundation to support the uptrend. The depth and stability of this consolidation range is considered sufficient to support a price surge above $200,000 by 2026.
Third Bullish Signal: Price Projections Based on Technical Analysis
Based on in-depth technical analysis, Cheds projects that Bitcoin (BTC) has a good chance of reaching around $250,000 by mid-2026. While this target looks aggressive, he emphasizes that it is still a conservative estimate compared to some other higher predictions. This analysis is based on the height of the cup-and-handle pattern and the time interval and range of consolidation that has occurred over the past three years.
Conclusion
With a range of supporting technical analysis, Cheds’ Bitcoin (BTC) price projections offer interesting insights for investors and market watchers. While extremely high price predictions always come with risks, the analysis presented shows that the potential to reach these figures is not impossible. Investors are advised to keep a close eye on market developments and use this information as one of the tools in their investment decision-making.
Also Read: Big Companies Investing in Bitcoin, a Sign of Long-Term Adoption?
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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. Crypto trading activities are subject to 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
- Daily Hodl. Analyst Says Bitcoin Has a Pretty Good Chance of Hitting Massive Price Target in 2026, Citing Three Technical Signals. Accessed on June 10, 2025
- Featured Image: Generated by AI
