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Crypto Pundit Makes Case For Bitcoin Price At $260,000, But This Invalidation Level Threatens The Rally

n70products by n70products
March 27, 2025
in Bitcoin
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Crypto Pundit Makes Case For Bitcoin Price At $260,000, But This Invalidation Level Threatens The Rally
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A distinguished crypto pundit has outlined a compelling case for the Bitcoin price outlook, predicting a surge to a goal as excessive as $260,000 this bull cycle. Nevertheless, a vital invalidation level stands in the way in which of this bullish state of affairs, threatening Bitcoin’s projected rally if breached. 

On March 26, Gert van Lagen, a widely known crypto analyst on the X social media platform, predicted that the Bitcoin value might hit a bullish goal between $200,000 and $300,000. The analyst’s chart means that Bitcoin’s price action up to now few years has intently adopted a basic market cycle construction, transferring by way of the Accumulation, Redistribution, Re-accumulation, and Distribution phases. 

Bitcoin Worth Eyes New ATH Above $260,000

In keeping with Lagen, Bitcoin has efficiently damaged out of a seven-month re-accumulation phase, signaling the potential begin of a robust uptrend. Between late 2022 and early 2023, the cryptocurrency skilled an accumulation phase by which sensible cash entered the market at low costs when BTC had bottomed out. This was adopted by a robust rally that led to a fast value appreciation to new highs. 

Associated Studying

After consolidating for seven months in mid-2023 – early 2024, Bitcoin shaped a spread, permitting the market to soak up provide earlier than one other price breakout. Notably, this pattern continued in 2025, with BTC breaking out of a seven-month re-accumulation part.

Bitcoin
Supply: Gert Van Lagen on X

Primarily based on the trajectory of Lagen’s value chart, Bitcoin’s subsequent leg up is a pointy rise to $240,000, adopted by a quick correction earlier than rallying to a price peak between $290,000 and $300,000. After hitting this ATH, the analyst predicts that Bitcoin will decline and endure a interval of choppy trading, experiencing value fluctuations between $220,000 and $260,000. 

Apparently, Bitcoin’s projected rise to an ATH and the next sideways buying and selling are anticipated to happen throughout its distribution part, which is often characterised by elevated sell-offs and market volatility. As soon as BTC experiences a remaining surge to $260,000, Lagen predicts a price crash towards $148,000 – $136,000, marking the potential finish of the bull rally and the beginning of the bear market. 

Key Invalidation Degree Threatening BTC’s Rally

Lagen’s optimistic price forecast for Bitcoin is being threatened by a key invalidation stage, which might halt the cryptocurrency’s potential surge to $200,000 – $300,000. Though Bitcoin’s bullish structure stays intact, the analyst warns {that a} weekly shut under the 40-week LSMA would invalidate its breakout. 

Associated Studying

As of writing, the Bitcoin price is consolidating above this key invalidation stage at $73,900. So long as it holds above this stage, Lagen believes that its bullish trajectory can be sustained. Nevertheless, a drop under $73,900, which already represents a 15% decline from BTC’s present market value, might postpone the projected surge or cancel it altogether.

Bitcoin
BTC buying and selling at $87,183 on the 1D chart | Supply: BTCUSDT on Tradingview.com

Featured picture from Adobe Inventory, chart from Tradingview.com



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