Crypto Pundit Makes Case For Bitcoin Price At $260,000, But This Invalidation Level Threatens The Rally

2 months ago

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A salient crypto pundit has outlined a compelling lawsuit for the Bitcoin terms outlook, predicting a surge to a people arsenic precocious arsenic $260,000 this bull cycle. However, a critical invalidation level stands successful the mode of this bullish scenario, threatening Bitcoin’s projected rally if breached. 

On March 26, Gert van Lagen, a well-known crypto expert connected the X societal media platform, predicted that the Bitcoin terms could deed a bullish target between $200,000 and $300,000. The analyst’s illustration suggests that Bitcoin’s terms action successful the past fewer years has intimately followed a classical marketplace rhythm structure, moving done the Accumulation, Redistribution, Re-accumulation, and Distribution phases. 

Bitcoin Price Eyes New ATH Above $260,000

According to Lagen, Bitcoin has successfully breached retired of a seven-month re-accumulation phase, signaling the imaginable commencement of a almighty uptrend. Between precocious 2022 and aboriginal 2023, the cryptocurrency experienced an accumulation phase successful which astute wealth entered the marketplace astatine debased prices erstwhile BTC had bottomed out. This was followed by a beardown rally that led to a accelerated terms appreciation to caller highs. 

After consolidating for 7 months successful mid-2023 – aboriginal 2024, Bitcoin formed a range, allowing the marketplace to sorb proviso earlier another terms breakout. Notably, this inclination continued successful 2025, with BTC breaking retired of a seven-month re-accumulation phase.

BitcoinSource: Gert Van Lagen connected X

Based connected the trajectory of Lagen’s terms chart, Bitcoin’s adjacent limb up is simply a crisp emergence to $240,000, followed by a little correction before rallying to a terms peak betwixt $290,000 and $300,000. After hitting this ATH, the expert predicts that Bitcoin volition diminution and acquisition a play of choppy trading, experiencing terms fluctuations betwixt $220,000 and $260,000. 

Interestingly, Bitcoin’s projected emergence to an ATH and the pursuing sideways trading are expected to hap during its organisation phase, which is typically characterized by accrued sell-offs and marketplace volatility. Once BTC experiences a last surge to $260,000, Lagen predicts a terms crash toward $148,000 – $136,000, marking the imaginable extremity of the bull rally and the commencement of the carnivore market. 

Key Invalidation Level Threatening BTC’s Rally

Lagen’s optimistic terms forecast for Bitcoin is being threatened by a cardinal invalidation level, which could halt the cryptocurrency’s imaginable surge to $200,000 – $300,000. Although Bitcoin’s bullish structure remains intact, the expert warns that a play adjacent beneath the 40-week LSMA would invalidate its breakout. 

As of writing, the Bitcoin terms is consolidating above this cardinal invalidation level astatine $73,900. As agelong arsenic it holds supra this level, Lagen believes that its bullish trajectory volition beryllium sustained. However, a driblet beneath $73,900, which already represents a 15% diminution from BTC’s existent marketplace price, could postpone the projected surge oregon cancel it altogether.

BitcoinBTC trading astatine $87,183 connected the 1D illustration | Source: BTCUSDT connected Tradingview.com

Featured representation from Adobe Stock, illustration from Tradingview.com

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