Main takeout:
The price of Bitcoin (BTC) increased to $ 96,700 on May 1 the day after the US GDP contracted -0.3%for the first time since the second quarter of 2022. Amid the economic problems, the possibility of reducing the federal reserve interest rate increased to 62.8%at the Federal Reserve Meeting on June 18.
In the last 24 hours, the short position liquidation exceeded $ 130 million, and Alphractal founder Joao Wedson observed that the price momentum of BTC continued to prefer a strong trend.
Peter Brandt predicts the $ 150K Bitcoin Tower up to Q3
In a recent post about X, Peter Brandt, a veteran merchant, predicted the Bitcoin price rally and reached $ 125,000 to $ 150,000 from August or September 2025. The merchant predicted a parabolic arc pattern on the Bitcoin price chart. Technical formation is often informed of rapid modifications, as you can often see in Bitcoin Serge in 2017.
Brandt mentioned that Bitcoin should find a broken parabolic slope to achieve the above goal. But he warned that 50%+ corrections can follow the peak and reflect the characteristic volatility of the pattern.
From the point of view of Onchain, Bitcoin researcher Axel Adler Jr. The analyst emphasized three scenarios, and the optimistic case summarized the price target of more than $ 150,000. ADler Jr. has been added.
“If the ratio passes 1.0 and maintains more than that, the NUPL/MVRV metric shows a new impulse and the price reaches $ 150-175K to repeat the cycle logic in 2017 and 2021.”
In the reference scenario, the price of the BTC is limited to new capital inflows and can be integrated within $ 90,000 to $ 110,000 unless existing investors increase their position.
Finally, if the short-term holders create additional profits, the weak case can be developed, which can lead to modifications up to 85,000 to $ 70,000.
In the last two weeks, Bitcoin has shown a consistent brake out pattern and has risen 13% before entering the side and then reached 93,000 to $ 96,000.
BTC is now beyond the existing resistance. Nevertheless, as you can see in the chart below, the important volume cluster between $ 96,000 and $ 99,000 suggests the integration stage before the Bitcoin tests $ 100,000.
Related: Bitcoin prices for ‘explosion’ of bitcoin prices as the probability of fed rate cuts increases to 60%
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.