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Bitcoin Price Is Headed To $150,000 In These 4 Scenarios Shared By This Analyst

By WebDeskJune 10, 20263 Mins Read
Bitcoin Price Is Headed To 0,000 In These 4 Scenarios Shared By This Analyst
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Crypto analyst Crypto Lens has predicted that the Bitcoin price could rally to a new all-time high (ATH) of $150,000. This came as he outlined four scenarios that will build toward this rally to a new ATH by next year. 

Bitcoin Price To Still Rally To $150,000 Amid These Four Scenarios

In an X post, Crypto Lens predicted that the Bitcoin price would rally to $150,000 by February next year. This came as he noted that BTC is now hovering at the exact level where every bull trap ends. The analyst stated that next week, another bearish rejection will send BTC back to $43,000. The rally to $150,000 and drop to $43,000 is notably among the scenarios he outlined for BTC. 

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In the first scenario, Crypto Lens predicted the Bitcoin price would drop to $48,000 within a few days. This will be followed by a drop to $43,000 in July, which is the second scenario. In the third scenario, the analyst predicts that BTC will fall to $32,000 by September. He described this level as the buy zone, signaling that the leading crypto is likely to bottom around here in this bear cycle. 

Source: Chart from Crypto Lens on X

Meanwhile, under the fourth scenario, Crypto Lens predicts that the Bitcoin price will rally to $150,000 by February as a new bull run begins. In another X post, the analyst said that the bear market is 53% done and that BTC has entered the final stage of the 2026 bear market. He also signaled that the cycle bottom will likely happen between August and September, with BTC falling to as low as $32,000. 

BTC Bottom Likely To Form In The Fourth Quarter

In an X post, crypto analyst Colin said that a Q4 bottom for the Bitcoin price is even more likely now that BTC did not have a strong dip immediately. The analyst was referring to market expert Benjamin Cowen’s assessment, in which he noted that BTC closed the week above the 200W SMA after sweeping the February low of $60,000. 

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Colin stated that, based on this Bitcoin price action, BTC is likely to bounce for 1 to 3 months and then drop to a new low in the fourth quarter. As such, Q4 has high odds of being the cycle bottom, with a lower low. However, he added that if the Bitcoin price suddenly breaks below the 200-week MA in the coming week or two, then it is likely to form the bottom on this move down. 

At the time of writing, the Bitcoin price is trading at around $61,200, down over 3% in the last 24 hours, according to data from CoinMarketCap.

Bitcoin
BTC trading at $61,748 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

Credit: Source link

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