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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. However, a essential invalidation level stands in the best way 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 worth might hit a bullish goal between $200,000 and $300,000. The analyst’s chart means that Bitcoin’s price action prior to now few years has intently adopted a basic market cycle construction, transferring by the Accumulation, Redistribution, Re-accumulation, and Distribution phases.
Bitcoin Price Eyes New ATH Above $260,000
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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 development continued in 2025, with BTC breaking out of a seven-month re-accumulation part.
Based on the trajectory of Lagen’s worth chart, Bitcoin’s subsequent leg up is a pointy rise to $240,000, adopted by a short 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 worth fluctuations between $220,000 and $260,000.
Interestingly, 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. Once BTC experiences a ultimate surge to $260,000, Lagen predicts a price crash towards $148,000 – $136,000, marking the attainable finish of the bull rally and the beginning of the bear market.
Key Invalidation Level Threatening BTC’s Rally
Lagen’s optimistic price forecast for Bitcoin is being threatened by a key invalidation degree, which might halt the cryptocurrency’s potential surge to $200,000 – $300,000. Although Bitcoin’s bullish structure stays intact, the analyst warns {that a} weekly shut under the 40-week LSMA would invalidate its breakout.
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As of writing, the Bitcoin price is consolidating above this key invalidation degree at $73,900. As lengthy because it holds above this degree, Lagen believes that its bullish trajectory shall be sustained. However, a drop under $73,900, which already represents a 15% decline from BTC’s present market worth, might postpone the projected surge or cancel it altogether.
Featured picture from Adobe Stock, chart from Tradingview.com
