Is a Bitcoin price rally to $150K possible by year's end?

Key takeaways:

• A 2021-style bearish divergence connected the play illustration points to a imaginable 50%+ correction toward $64,000.

• Peter Brandt warns Bitcoin indispensable reclaim its parabolic trendline soon oregon hazard ending its bull rhythm earlier reaching the $150,000 target.

Bitcoin’s (BTC) surge to a grounds $112,000 sparked renewed hopes for a $150,000 target by year-end, but its swift correction beneath $105,000 is investigating that bullish narrative.

Is Bitcoin coating a bearish reversal setup?

Bitcoin is coating what appears to beryllium an inverse cup-and-handle pattern, with its neckline adjacent $100,800 acting arsenic existent support. As of June 7, the terms has entered the handle-formation stage, eyeing a breakdown beneath the neckline.

BTC/USD regular terms chart. Source: TradingView

Based connected the inverse cup-and-handle signifier setup, a breakdown beneath $100,800 volition summation Bitcoin’s likelihood of dropping toward $91,000.

The $91,000 downside people aligns with BTC’s 200-day exponential moving mean (200-day EMA; the bluish wave).

Bitcoin’s relative spot scale (RSI) has declined successful tandem with its price, signaling beardown trader condemnation down the ongoing sell-off.

As of June 7, the RSI speechmaking was 52, reflecting a weakening upside momentum; a interruption beneath 50 could intensify downside pressure.

To regain control, bulls indispensable reclaim Bitcoin’s 20-day EMA (the purple wave) absorption astatine astir the $105,000 level. A driblet toward $91,000 could efficaciously little BTC’s imaginable of hitting $150,000 by 2025’s end.

2021 fractal suggests BTC won’t deed $150,000 successful 2025

At a broader timescale, Bitcoin’s play illustration is flashing a acquainted warning.

A bearish divergence has formed betwixt terms and RSI, mirroring the 2021 rhythm top, erstwhile RSI trended little contempt higher terms highs. That divergence preceded a 61% correction toward its 200-week EMA (the bluish wave) and below.

BTC/USD play terms chart. Source: TradingView

A akin operation is present visible, with a divergence forming conscionable beneath the $112,000 precocious and a projected pullback people adjacent the 200-week EMA astatine astir $64,000, marking a imaginable 52% decline.

This humanities setup casts uncertainty connected Bitcoin reaching the wide discussed $150,000 people by the extremity of 2025, particularly if the divergence confirms a broader marketplace apical akin to past cycles.

Veteran trader Peter Brandt adds further value to this outlook.

In his May 2025 analysis, Brandt identified a rising wedge signifier and warned that Bitcoin indispensable reclaim its parabolic trendline to enactment connected way for a $125,000–$150,000 rhythm apical by August oregon September 2025.

BTC/USD play terms chart. Source: TradingView/Peter Brandt

He notes that Failure to bash truthful could people the extremity of the existent bullish cycle—potentially triggering a emblematic 50–60% drawdown pursuing anterior tops.

Gold’s trajectory, Bitcoin “bull flag” hint astatine a $150K

Despite increasing method warnings, immoderate analysts stay assured successful Bitcoin’s way toward $150,000.

Traders spot similarities betwixt Bitcoin’s existent marketplace operation and gold’s explosive breakout successful the 2000s. They reason that BTC could mimic gold’s historical trajectory, reinforcing the $150,000 scenario.

Analyst Tony Severino cites a imaginable bull emblem operation to foretell a BTC terms roar toward $150,000.

From an onchain perspective, Bitcoin researcher Axel Adler Jr. believes BTC is approaching a captious “start” rally portion based connected humanities rhythm patterns.

Bitcoin Composite Index. Source: CryptoQuant

If the NUPL/MVRV ratio breaks and holds supra 1.0, it would bespeak the commencement of a caller bullish impulse, the expert notes, saying it could propulsion Bitcoin’s terms toward the $150,000–$175,000 range, akin to the rallies seen successful 2017 and 2021.

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.