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Home»Bitcoin»Crypto Pundit argues for Bitcoin price for $ 260,000, but this invalid level threatens the rally
Bitcoin

Crypto Pundit argues for Bitcoin price for $ 260,000, but this invalid level threatens the rally

2025-03-27No Comments3 Mins Read
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A prominent crypto expert has a compelling matter for the Bitcoin -Price viewsPredicting an increase in a target as high as $ 260,000 this bull cycle. However, a criticism Invalid Is this bullish scenario in the way and threatens the projected Rally from Bitcoin when they are violated.

On March 26, Gert van Lagen, a well-known crypto analyst on the X Social Media platform, predict that the Bitcoin price could hit a bullish target Between $ 200,000 and $ 300,000. The graph of the analyst suggests that Bitcoin’s price promotion In recent years, a traditional market cycle structure has closely followed that are underway by accumulation, redistribution, redistribution and distribution phases.

Bitcoin Price Eyes New ATH above $ 260,000

According to Lagen, Bitcoin is successfully broken from seven months Accumulation phase againSignaling the potential start of a powerful upward trend. Between the end of 2022 and early 2023, the cryptocurrency experienced one battery In which smart money entered the market at low prices when BTC was on Bottom. This was followed by a strong rally that led to a rapid price rating for new highlights.

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After consolidating seven months in mid-2023-start 2024, Bitcoin was a range, allowing the market to absorb the offer for another Pride. This trend in particular took place in 2025, with BTC that broke out from a seven -month reaccumulation phase.

See also  Analysts Say Bitcoin Price Could Retest Substantially Below $100,000 If This Level Fails
Bitcoin
Source: Gert van Lagen on X

Based on the process of the price diagram of layers, the next leg from Bitcoin is a strong increase of $ 240,000, followed by a short correction earlier Rally to a price peak Between $ 290,000 and $ 300,000. After touching this ATH, the analyst predicts that Bitcoin will decrease and undergone a period of turbulent tradeexperiencing price fluctuations between $ 220,000 and $ 260,000.

Interesting enough Bitcoin’s projected turnout to an ATH And the next lateral trade is expected to take place during the distribution phase, which is usually characterized by increased sale and market volatility. As soon as BTC experiences a final wave of up to $ 260,000, layers predicts a price crash to $ 148,000 – $ 136,000, what the possible end of the bull rally and the beginning of the Bear market.

Most important invalidation level that threatens BTCs rally

Layers Optimistic price prediction Because Bitcoin is threatened by an important level of invalidation, which could stop the potential increase in cryptocurrency to $ 200,000 – $ 300,000. Although Bitcoin’s Bullish structure Remains intact, the analyst warns that a weekly close by under 40 weeks of LSMA would make his outbreak invalid.

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From writing, the Bitcoin -Price is consolidating Above this key unvalidation level at $ 73,900. As long as it applies above this level, layers believe that his bullish process will be maintained. A decrease of less than $ 73,900, which already represents a decrease of 15% compared to the current market price of BTC, can postpone or cancel the projected increase.

Bitcoin
BTC acts at $ 87.183 on the 1D graph | Source: BTCUSDTT OP TradingView.com

Featured image of Adobe Stock, Chart van TradingView.com

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See also  Bitcoin RSI focuses on daily retest that the price rally of 2024 has activated, which happened last time
Argues Bitcoin Crypto invalid level Price Pundit rally Threatens
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