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Bitcoin Could Hit $150K by Summer With This Pattern in Place

Bitcoin Could Hit $150K by Summer With This Pattern in Place

CryptonewslandCryptonewsland2025/05/05 00:22
By:by Yusuf Islam
  • Bitcoin has formed a known trend from 2021 and 2024 that led to strong upward movements in price
  • BTC is trading close to $97K and is showing a chart pattern that previously triggered fast breakouts
  • Many traders are now watching $100K as a breakout point that could lead to a rise toward $150K soon

A well-known crypto trend indicator has turned bullish again, suggesting Bitcoin could hit $150,000 by summer 2025. A bullish chart pattern seen in past rallies has reappeared, drawing investor attention. The signal mirrors a formation last seen before major rallies in 2021 and 2024.

Bitcoin Could Hit $150K by Summer With This Pattern in Place image 0 Bitcoin Could Hit $150K by Summer With This Pattern in Place image 1 Source: X

Bullish Pattern Signals Breakout Momentum

Analyst Lofty revealed that Bitcoin is repeating a strong bullish setup that previously led to explosive price movements. On May 3, 2025, a chart comparison showed near-identical trends between current and previous cycles. The pattern closely resembles the late-2020 and mid-2023 structures that preceded price surges.

The Bitcoin/USDT chart highlights the repeat of a similar structure in three phases. Each time this structure occurred, BTC followed with sharp upward movements. Price zones between $45,000 and $65,000 acted as consolidation zones before breakouts in the past.

Now, Bitcoin trades near $97,000 with a sharp upward trend developing. The next target appears to be $150,000 if the historical trajectory holds. The trend’s reliability has drawn increased attention from both institutional and retail traders . Momentum remains strong with price action aligned across longer timeframes.

Historical Trend Matchbacks Stir Investor Interest

Lofty noted that the same indicator signaled earlier rallies that led to massive price jumps within months. Investors who bought at these turning points saw gains of over 100%. The 2021 pattern saw Bitcoin move from $30,000 to nearly $69,000 in under six months.

This technical formation includes compressed moving averages fanning out in the upward direction. The visual resemblance between 2021 and 2025 price behavior has become a focal point. Analysts are now watching for volume confirmation as the price consolidates just below $100,000.

With more than 51,000 views on the chart shared via social media, community sentiment has shifted bullish. Investors are positioning themselves early based on recurring historical behavior. Market watchers anticipate stronger inflows should the $100,000 level be breached soon.

Is $150K a Realistic Target for Bitcoin?

Bitcoin reaching $150,000 is not without precedent when past cycles are considered. Previous bull runs featured steep accelerations once specific technical setups appeared. The question now is whether this repeating pattern can deliver the same outcome again.

The target zone is based on Fibonacci extensions and repeated momentum channels identified across the past four years. With current price levels at $97,000, a move to $150,000 would represent over 50% upside from today. Traders are closely tracking volume and macroeconomic conditions to validate the move.

Lofty also indicated that timing could be critical, suggesting the breakout may occur as early as next week. If that timeline plays out, Bitcoin could revisit and surpass all-time highs quickly. As patterns align, investors will likely increase exposure in anticipation of further upside.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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