Bitcoin Analysts Predict Breakout to $150K After Record High
Bitcoin could soon surge past $150,000 as analysts point to strong momentum, record ETF inflows, and a weakening US dollar fueling investor demand. Experts say the crypto’s recent rally marks the start of its next major leg upward.
- Bitcoin hits new all-time high of $125,700 before slight cooldown.
- Analysts forecast a sharp move to $150K, driven by ETF inflows.
- Weakening US dollar and government shutdown spur safe-haven buying.
- Bullish fourth-quarter trends suggest more gains ahead.
Bitcoin’s latest rally has reignited optimism across the crypto market. After reaching a record $125,700, analysts now see signs of a stronger push toward $150,000. CrediBULL Crypto, a well-known analyst, noted that the move above previous highs signals a new bullish phase. He believes Bitcoin will “blast through” its current levels, with any dips between $108,000 and $118,000 being good buying opportunities.
Long-time traders like Crypto Chase and James Wynn echoed this sentiment, predicting that Bitcoin could set another record soon. Wynn said the asset has entered “price discovery mode,” suggesting that Bitcoin may continue rising faster than expected as gold and stock markets attract less attention.
The rally coincides with the US government shutdown, which has heightened uncertainty among investors. BTSE’s COO Jeff Mei explained that Bitcoin is benefiting as investors look for safe-haven assets away from the weakening US dollar. The dollar index has fallen more than 12% this year, making Bitcoin and other assets more attractive.
ETF inflows have also played a huge role in fueling demand. According to Nova Dius President Nate Geraci, US-based Bitcoin ETFs saw $3.2 billion in inflows last week, marking their second-best performance since launch. Venture investor Will Clemente said these inflows show institutional investors are shifting capital from traditional assets into Bitcoin.
Analysts also point to seasonal factors. Historically, Bitcoin performs strongly in the fourth quarter, with gains in eight of the past twelve years. Market commentator Michaël van de Poppe described the rally as “incredibly strong,” noting Bitcoin jumped from $110,000 to $125,000 in just one week. Capriole Investments founder Charles Edwards added that once Bitcoin cleared $120,000, it set the stage for a rapid rise to $150,000.
Final Thought
With investor sentiment rising, ETF inflows climbing, and the US dollar weakening, analysts believe Bitcoin’s next leg to $150,000 is only a matter of time. If historical trends hold true, this could be one of the strongest finishes to the year for crypto markets.
