Bitcoin recently jumped to a new high of $112,000, giving people hope it might reach $150,000 by the end of 2025. But after a quick drop below $105,000, many are asking if that goal is still realistic.
📉 Is Bitcoin Showing Bearish Signs?
Some traders are warning that Bitcoin might be entering a downward trend. One key chart pattern being watched is called an inverse cup-and-handle, which could lead to a drop if Bitcoin falls below $100,800. If that happens, the price could dip to $91,000 — right around the 200-day average price line.
Also, the RSI (Relative Strength Index) — which shows market strength — is falling. As of June 7, it was at 52, and if it drops below 50, Bitcoin could face more pressure to go down.
To stop this drop, Bitcoin would need to climb back above $105,000, which is the current resistance line.
📊 Could History Repeat Itself?
Looking at a bigger picture, Bitcoin’s weekly chart is showing a similar pattern to what we saw in 2021, just before the price crashed over 60%. Back then, the RSI was dropping while the price was rising — a bearish signal that led to a big correction.
Now, the same thing seems to be happening. If the pattern continues, Bitcoin might fall all the way down to $64,000, matching the 200-week average and marking a 52% decline from the recent high.
⚠️ Peter Brandt: BTC Must Reclaim Its Parabolic Trendline
Famous trader Peter Brandt says Bitcoin must reclaim its parabolic trendline soon to keep moving toward $125,000–$150,000 by August or September 2025. If not, he warns, the bull market could be over — just like past cycles that ended with 50–60% price drops.
🟢 Some Still Believe $150K Is Possible
Not everyone is bearish. Some analysts still think Bitcoin could hit $150,000, comparing today’s chart to gold’s big breakout in the early 2000s.
Analyst Tony Severino sees a bull flag — a pattern that often leads to higher prices. Meanwhile, on-chain expert Axel Adler Jr. says Bitcoin could enter a “start rally zone” if certain metrics (like the NUPL/MVRV ratio) go above 1.0. That would show strong investor confidence and might push Bitcoin toward $150,000–$175,000, similar to what happened in 2017 and 2021.
✅ Summary
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Bitcoin hit $112K but quickly dropped under $105K
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Bearish signals on the charts suggest a fall to $91K or even $64K is possible
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RSI and chart patterns mirror 2021’s crash
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Peter Brandt says Bitcoin needs to reclaim its upward trend fast
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Some experts still see a path to $150K, pointing to strong fundamentals and on-chain data
Disclaimer: This article is only for
information and not financial advice. The opinions shared here may be the
writer’s personal views. Please do your own research before making any
investment choices. We are not responsible for any money you may lose.
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