Jump to content
Create New...

Delay In Bull Market Could Push Bitcoin Higher Than Expected

🎧
Analista ExpertFX

ExpertFX Podcast -
No time to read? Let me read it for you. Press Play!


Ben Graham
 Share

Recommended Posts

  • REDATOR

The bull market may be taking longer than expected to kick into its final gear, but the Bitcoin price structure remains bullish and steadily climbing within a rising trend channel. However, the potential upper targets have also moved higher, and might open the door to unprecedented price levels in the weeks ahead.

Why The Bull Market Delay Might Be Good News

Global uncertainties have delayed the second and possibly final phase of the current bull market in cryptocurrencies. According to master kenobi’s post on X, he noted that these delays may end up working in our favor.

While Bitcoin and altcoins have remained within the boundaries of an ascending trend channel, the upper and lower limits of this channel are steadily rising, and showing resilience in market structure despite the external hesitation. If the second phase of the bull market ignited in April, projections suggest that the BTC upper limit might have topped out between $134,000 and $155,000.

However, as this didn’t happen, the upper limit has continued to climb, and if the 50-day pump pattern holds, the upper limit could be reached around August 11, at a range of $169,000 and $197,000. Naturally, this requires relative global stability. “Let’s hope for another 30 days of calm, as 20 days have already passed,” the analyst added.

Delay In Bull Market Could Push Bitcoin Higher Than Expected - ExpertFX School

Why Bitcoin Surge Is A Market-Wide Trigger

In an X post, Davie Satoshi also mentioned that Bitcoin is on the verge of something big, that BTC is hovering in the middle of a multi-year bullish channel. It has been marked by long-standing green trendlines, and has just broken through the resistance level, which is indicated by a blue dotted horizontal line that has capped upside momentum until now.

Every time the Stoch Relative Strength Index (RSI) crosses over on the monthly chart, it leads to an explosive rally, and with the crossover freshly triggered, many see this as the start of something big and not just for Bitcoin.

The analyst stated that a rising tide lifts all boats, and that Bitcoin has always been the bellwether of the crypto market. They also suggest that BTC price could surge toward $180,000 to $200,000, with a potential top forming around late August to September, which will be followed by alt season and peaking in Q4 2025 to Q1 2026.

The memecoins and altcoins continue to dominate the narrative in the crypto space this year. The next NFT season two will begin in January 2026, followed by the Bitcoin Ordinals in mid-year 2026. “It’s always a cycle, and Not Financial Advice, so gamble responsibly,” he added.

Delay In Bull Market Could Push Bitcoin Higher Than Expected - ExpertFX School
  • Liked! 1
  • Thanks! 1
  • Love it! 1
  • Wow! 1
  • Nova Reação 1
💬 Did you like this content? Your feedback is very important!
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Terminal Visitor
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

Trading Hub
Market Open
Sincronizando dados...
Sentiment Varejo
CONTRÁRIO
  • Analisando fluxo...
Avalie a ExpertFX School no Trustpilot e
contribua com a nossa evolução!
Trust Pilot


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use of Use and Privacy Policy

Search In
  • More options...
Find results that contain...
Find results in...

Write what you are looking for and press enter or click the search icon to begin your search

Enjoying ExpertFX? 📈
Your review helps our community grow. Rate the app in seconds.