Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
What's Hot

What is MEV? Maximal Extractable Value, the invisible tax on crypto

2026-06-24

YZi Labs and CEA Industries Reach Collaboration Agreement to Strengthen BNC’s Board of Directors

2026-06-23

Spot Bitcoin and Ether ETFs Bleed $134 Million as Institutions De-R

2026-06-23
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    What is MEV? Maximal Extractable Value, the invisible tax on crypto

    2026-06-24

    Orix AI partners with PAYGO to enable AI-powered Web3 payments

    2026-06-23

    How the network processed $309 million in stablecoins last month

    2026-06-23

    Micron Tech Tokenized Stock Goes Live on Solana via Sunrise

    2026-06-23

    Micron Tech Tokenized Stock Goes Live on Solana via Sunrise

    2026-06-23
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Stablecoins in Britse ponden gemaximeerd op $53 miljard, terwijl de Bank of England stablecoin-regels vastlegt

    2026-06-22

    De Amerikaanse toekomst van crypto-daders zal worden bepaald door hoe toezichthouders besluiten ze te noemen

    2026-06-22

    De MiCA-deadline zal waarschijnlijk kleinere crypto-apps naar gelicentieerde bewaarrails verplaatsen

    2026-06-22

    dollar liquidity may already be too far ahead

    2026-06-22

    Kraken Fed-accountgevecht zou kunnen bepalen hoe cryptobedrijven directe betalingstoegang krijgen

    2026-06-21
  • Analysis

    South Korea’s KOSPI crashes 10% as regulator admits ETF error

    2026-06-23

    Trumps quantum computing-push zet 449 miljard dollar aan ‘blootgestelde Bitcoin’ weer in de schijnwerpers

    2026-06-23

    Solana subsidizes large traders before the markets in the chain prove that the activity can continue to exist

    2026-06-23

    ‘Abrupt change in market conditions’ coming for stocks later this year, says Fundstrat’s Tom Lee – here’s why

    2026-06-23

    Ripple gives RLUSD a MiCA foothold in Europe and route to African payments

    2026-06-23
  • Learn

    Most Profitable Crypto to Mine in 2026: Best Altcoins for Mining

    2026-06-23

    Bitcoin Alternatives: Our Top Altcoin Picks for You in 2026

    2026-06-23

    What Is a Bull Flag Pattern in Crypto and How to Use It

    2026-06-20

    What Is OTC Trading? Over-the-Counter Trading Explained

    2026-06-20

    The Top 10 Bitcoin Wallets in 2026

    2026-06-20
  • Blog
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Analyst Predicts Bitcoin Price Will Rise to $121,000 in Two Months, But There’s a Problem
Bitcoin

Analyst Predicts Bitcoin Price Will Rise to $121,000 in Two Months, But There’s a Problem

2026-04-02No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin initially broke the $100,000 level in November 2025, and since then the cryptocurrency has continued to fall below this psychological level, leaving very little chance of breaking above it anytime soon. Anyway, The bullish sentiment has not completely disappeared yet among digital asset investors as analysts predict the Bitcoin price will surpass $100,000. But the main point of contention was the timing of this move.

Bitcoin is preparing for a rise

According to crypto analyst Master Ananda, the Bitcoin price is currently gearing up for another major rally that could push the price above $100,000 again. The analysis focuses on the longer time frame because the analyst says it’s time to actually zoom out.

Related reading

Bitcoin price had started the week with a green streak after days of consecutive downturns. This turn into the green area has reignited positive sentiment towards the cryptocurrency, suggesting that the bearish trend could be coming to an end.

As an analyst explainsBitcoin price has been experiencing steady upward growth, indicating a move towards a bullish bias. The price had also made two attempts to break out in the month of March. However, there has been an issue where the $74,500 level has served as a roadblock.

Nevertheless, this has not deterred the bulls as the crypto analyst predicts another attempt break this resistance level. According to Master Ananda, the third time will be the charm and the price will be higher. After this level, resistance at $79,000 comes into view. But even at this level, the crypto analyst expected the Bitcoin price to rise.

See also  Bitcoin HODLers Show Restraint: A Sign of Market Maturity?
Bitcoin price
Source: TradingView

This move will also be driven by short liquidations and Fear of Missing Out (FOMO). The former will be a strong motivator as purchases will need to be made to unwind the liquidated short positions. As purchases increase, so will the price.

Related reading

The latter of the two bullish factors, FOMO, plays into the first, where rising price will trigger more investor participation. This is because as the price moves, panic buying is more likely to occur as investors do not want to miss further movement. This adds to the buying pressure, causing the price to rise further.

As for the purpose of this step, the analyst expects that the Bitcoin price to actually cross $121,000 before it peaks. According to the chart shared, the time frame for this is set sometime in May, which would put this move just two months in the ballpark.

Bitcoin price chart from Tradingview.com
BTC loses gains from rally | Source: BTCUSD on Tradingview.com

Featured image of Dall.E, chart from TradingView.com

Source link

Analyst Bitcoin months Predicts Price problem Rise
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Spot Bitcoin and Ether ETFs Bleed $134 Million as Institutions De-R

2026-06-23

Analysis of Bitcoin’s 15% decline in June despite $43M in whale purchases

2026-06-23

Analysis of Bitcoin’s 15% decline in June despite $43M in whale purchases

2026-06-23

KOSPI Shock Sends New Warning About Bitcoin and Risk Asse

2026-06-23
Add A Comment

Comments are closed.

Top Posts

Pi Cycle Top sets XRP price at $300, but is this feasible?

2026-01-02

Ripple brings its regulated RLUSD stablecoin to MENA’s largest crypto market

2026-06-02

Mom and Dad (the nouns Dao) are breaking up!

2023-09-19
Editors Picks

Cortex crypto – CTXC sees a 4x volume spike while the price drops 45% and that means…

2024-12-17

Trader sees Bitcoin consolidation resolve to the upper part, says BTC witnessing ‘weak’ sale

2025-02-17

Solana improves privacy offering as SOL’s upward trend continues with 4% gain

2023-10-07

Bitchat has topped the app charts in Uganda as authorities shut down the internet

2026-01-14

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

What is MEV? Maximal Extractable Value, the invisible tax on crypto

YZi Labs and CEA Industries Reach Collaboration Agreement to Strengthen BNC’s Board of Directors

Spot Bitcoin and Ether ETFs Bleed $134 Million as Institutions De-R

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
© 2026 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.