Main takeout:
The weakness of the 2021 style of the weekly chart refers to 50%+ modifications for $ 64,000.
Peter Brandt warns that Bitcoin must soon recover the parabolic trend or end the bull cycle before Bitcoin reaches $ 150,000 goals.
Bitcoin’s (BTC) has reached a record $ 112,000. By the end of the year, it has raised hope for a $ 150,000 goal, but the rapid correction of less than $ 105,000 is tested.
Is Bitcoin Painting a weak reversal setting?
Bitcoin is a picture of a reverse cup and handle pattern, and $ 4 is currently supporting nearly $ 100,800. As of June 7, the price entered the steering wheel formation stage and noted the failure under the neckline.
Based on the reverse cup and handle pattern setting, it is likely to fall to $ 91,000 in Bitcoin due to less than $ 100,800.
The disadvantage goal of $ 91,000 is consistent with the 200 -day index moving average (200 -day EMA) of the BTC.
Bitcoin’s relative robbery index (RSI) is reduced with the price, showing a strong trader conviction behind the ongoing selling.
As of June 7, the RSI reading value was 52 years old, reflecting the weakened rising exercise; Rest of less than 50 can strengthen downside pressure.
To reclaim control, Bulls must find Bitcoin’s 20 -day EMA (The Purple Wave) resistance to $ 105,000. The drop to $ 91,000 could effectively reduce the likelihood of $ 150,000 in BTC by the end of 2025.
2021 Fractal suggests that BTC will not record $ 150,000 in 2025.
Bitcoin’s weekly charts blink a familiar warning on a wider time scale.
The difference between the weakness between the price and the RSI is formed, reflecting the 2021 cycle tower, and the RSI falls lower despite the higher price. This difference was over 61% correction below 200 weeks EMA (Blue Wave).
Similar structures are shown, and radiation is formed directly below $ 112,000, and the expected full back target near 200 weeks can decrease by 52% to about $ 64,000.
This historical setting raises doubts about Bitcoin to reach the $ 150,000 goal, which is widely discussed by the end of 2025.
The veteran merchant Peter Brandt adds more weights to this outlook.
In May 2025, Brandt confirmed the increasing wedge pattern and Bitcoin warned that the parabolic trend line must be recovered to track $ 125,000 to $ 150,000 by August or September 2025.
He pointed out that if he did not do so, he could indicate the end of the current optimistic cycle, which could trigger a typical 50-60%RBI depending on the previous tower.
Bitcoin “Bull Flag”, a gold orbit, suggests $ 150K.
Despite the increase in technical warnings, some analysts are convinced of $ 150,000 in the path of Bitcoin.
Traders look at the similarities between Bitcoin’s current market structure and GOLD’s explosive breakouts in the 2000s. They argue that BTC can strengthen the $ 150,000 scenario by imitating the historical trajectory of gold.
Analyst Tony severino quotes potential bull flag structure to predict the BTC price boom at $ 150,000.
In terms of onchain, Bitcoin Researcher AXEL Adler Jr. I think that BTC is approaching an important “start” rally based on past cycle patterns.
If the NUPL/MVRV ratio is destroyed and maintained at 1.0 or more, the start of a new strength impulse can be carried out from $ 150,000 to $ 175,000, similar to the rally in 2017 and 2021.
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.