{"id":23824,"date":"2025-05-09T14:50:45","date_gmt":"2025-05-09T11:50:45","guid":{"rendered":"https:\/\/forklog.com\/en\/after-100000-is-180000-next-chartists-see-room-to-run\/"},"modified":"2025-05-09T14:50:45","modified_gmt":"2025-05-09T11:50:45","slug":"after-100000-is-180000-next-chartists-see-room-to-run","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/after-100000-is-180000-next-chartists-see-room-to-run\/","title":{"rendered":"After $100,000, is $180,000 next? Chartists see room to run"},"content":{"rendered":"<p>On bitcoin\u2019s weekly chart, a breakout above a bull-flag pattern could set up a further climb toward $182,000\u2014the range implied by the prior advance before a bearish consolidation. That scenario was outlined in<a href=\"https:\/\/cointelegraph.com\/news\/how-high-can-bitcoin-price-go\"> Cointelegraph<\/a>.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"528\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1549-1024x528.png\" alt=\"1-1549\" class=\"wp-image-258380\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1549-1024x528.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/1-1549-300x155.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/1-1549-768x396.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/1-1549.png 1066w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: Cointelegraph.<\/figcaption><\/figure>\n<p>In<a href=\"https:\/\/www.coindesk.com\/markets\/2025\/05\/07\/massive-bitcoin-bull-run-ahead-two-chart-patterns-mirror-btc-s-rally-to-usd109k\"> CoinDesk<\/a>, analysts suggested drawing parallels with two patterns from late 2024, when the price jumped from $70,000 to $109,000.<\/p>\n<p>The first is the MACD indicator. In mid-October the metric turned bullish, with the uptrend extending into December. At present the indicator has only approached the neutral level. A move above it would signal that the March\u2013April sell-off was a bear trap.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"421\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-1096-1024x421.png\" alt=\"2-1096\" class=\"wp-image-258381\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-1096-1024x421.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/2-1096-300x123.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/2-1096-768x316.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/2-1096.png 1198w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: CoinDesk.<\/figcaption><\/figure>\n<p>The second indicator combines the 50 <span data-descr=\"daily moving average\" class=\"old_tooltip\">DMA<\/span> and 200 DMA. About four weeks ago the moving averages formed a \u201cdeath cross\u201d that failed.<\/p>\n<p>The \u201cfast\u201d DMA has recently started to rise and may cross the \u201cslow\u201d one from below, forming a \u201cgolden cross\u201d in the coming weeks.<\/p>\n<p>A similar signal appeared in August last year, followed by a new <span data-descr=\"all-time high\" class=\"old_tooltip\">ATH<\/span>.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"422\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/3-611-1024x422.png\" alt=\"3-611\" class=\"wp-image-258382\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/3-611-1024x422.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/3-611-300x124.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/3-611-768x317.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/3-611.png 1198w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: CoinDesk.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\"><strong>From scenarios to levels<\/strong><\/h2>\n<p>The analyst known as AlphaBTC cited $106,000 as the next target for the rally.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">?<a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> to test ATH soon \u2049\ufe0f<\/p>\n<p>I am liking how these fib levels line up with support, makes me think <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> has another leg to 106K+ before it corrects.<a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&#038;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> <a href=\"https:\/\/t.co\/53ybaJTuT7\">https:\/\/t.co\/53ybaJTuT7<\/a> <a href=\"https:\/\/t.co\/hFmxToy8oZ\">pic.twitter.com\/hFmxToy8oZ<\/a><\/p>\n<p>\u2014 AlphaBTC (@mark_cullen) <a href=\"https:\/\/twitter.com\/mark_cullen\/status\/1920729242251211114?ref_src=twsrc%5Etfw\">May 9, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Analyst and MN Trading founder Micha\u00ebl van de Poppe shares a similar view. He highlighted the area between $103,800 and $107,000 as a likely pause before a pullback, with a subsequent new ATH this quarter.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">What a move on <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a>.<\/p>\n<p>I assume we&#8217;ll pause for a bit between here and $107,000 before we&#8217;ll break to a new ATH in this quarter. <a href=\"https:\/\/t.co\/IhRueTnyJf\">pic.twitter.com\/IhRueTnyJf<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1920745537713684570?ref_src=twsrc%5Etfw\">May 9, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The analyst known as kingfisher_btc warned of pullback risks given the lack of meaningful liquidity clusters above current levels.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Peeking at the BTC liquidation map right now. ?<\/p>\n<p>Notice the big cluster of long liqs (left side of the green line)? That shows heavy liquidity stacked just below the current price.<\/p>\n<p>[Visual: BTC Liquidation Map Screenshot]<\/p>\n<p>There&#8217;s much less short liquidity clustered above. This\u2026 <a href=\"https:\/\/t.co\/1iByc9YrKZ\">pic.twitter.com\/1iByc9YrKZ<\/a><\/p>\n<p>\u2014 TheKingfisher (@kingfisher_btc) <a href=\"https:\/\/twitter.com\/kingfisher_btc\/status\/1920763176158679348?ref_src=twsrc%5Etfw\">May 9, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Trader Egrag Crypto pointed to $170,000 as a medium-term marker. The forecast could come into play if the all-time high around $109,000 is broken.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> \u2014 <a href=\"https:\/\/twitter.com\/hashtag\/BLOWOFFTOP?src=hash&#038;ref_src=twsrc%5Etfw\">#BLOWOFFTOP<\/a>, But First: ?<\/p>\n<p>This chart reflects my stance on <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> since early 2023. I\u2019ve been targeting the $170K range as the potential cycle top \u2014 but here\u2019s the key: <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> must close above $109K. Anything less? Just a <a href=\"https:\/\/twitter.com\/hashtag\/BullTrap?src=hash&#038;ref_src=twsrc%5Etfw\">#BullTrap<\/a> and a retracement, nothing more. ??\u2026 <a href=\"https:\/\/t.co\/ZteiySb0lJ\">pic.twitter.com\/ZteiySb0lJ<\/a><\/p>\n<p>\u2014 EGRAG CRYPTO (@egragcrypto) <a href=\"https:\/\/twitter.com\/egragcrypto\/status\/1920715564164534384?ref_src=twsrc%5Etfw\">May 9, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>On 8 May, bitcoin cleared the psychological threshold<a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-surges-past-100000-amid-market-revival\"> at $100,000<\/a>, last seen in early February.<\/p>\n<p>At CryptoQuant, analysts <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoins-realised-capitalisation-hits-a-record-high-a-sign-of-a-new-bull-run\">noted<\/a> the preconditions for a significant price increase, given record levels of realised capitalisation.<\/p>\n<p>Binance founder Changpeng Zhao has said the price of digital gold could reach<a href=\"https:\/\/u1f987.com\/en\/news\/binance-founder-changpeng-zhao-predicts-bitcoin-surge-to-1-million\"> $500,000 and even $1 million<\/a> in the current cycle.<\/p>\n<p>Earlier, Standard Chartered urged buying the first cryptocurrency and forecast its price would rise<a href=\"https:\/\/u1f987.com\/en\/news\/standard-chartered-urges-bitcoin-investment\"> to $120,000<\/a> in the fourth quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On bitcoin\u2019s weekly chart, a breakout above a bull-flag pattern could set up a further climb toward $182,000\u2014the range implied by the prior advance before a bearish consolidation. That scenario was outlined in Cointelegraph. Data: Cointelegraph. In CoinDesk, analysts suggested drawing parallels with two patterns from late 2024, when the price jumped from $70,000 to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23823,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,1150,1253],"class_list":["post-23824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-news-plus","tag-technical-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/23824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=23824"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/23824\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/23823"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=23824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=23824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=23824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}