Bitcoin Price Expected to Surge Above $120,000 Following Analyst’s Prediction

Bitcoin’s price is tracking a bullish prediction by analyst Kaduna, who forecasts an upward movement toward $120,000 due to a tariff pause by President Trump. His analysis suggests a mini bull market may initiate from early April to early June 2025. Following initial gains, Bitcoin remains around $83,395, reflecting a 7.16% increase over the week despite fluctuating market conditions.

The Bitcoin price is following a bullish prediction from analyst Kaduna, indicating a potential breakout above $120,000. This prediction is linked to a temporary tariff pause announced by US President Donald Trump, which the analyst believes may catalyse significant market movement.

Kaduna’s revised analysis postulates that Bitcoin’s price could ascend to new heights, particularly during a projected 55-day period from April 3 to June 3, 2025. He theorises that the 90-day suspension of tariffs may encourage market participants to begin buying early, initiating precursory market conditions conducive to a mini bull market.

The analyst has presented a candlestick chart, overlaying Bitcoin’s price trajectory with a visual representation of macroeconomic indicators like global M2. This chart suggests Bitcoin could consistently rise towards the $120,000 target over the coming weeks.

Shortly after his bullish forecast, Bitcoin’s price has shown positive momentum, moving past the $84,000 resistance level, supported by increased trading volume. This upward movement reflects the anticipated frontrunning behaviour predicted by Kaduna.

The price of Bitcoin is projected to explore the $120,000 to $125,000 range if the current momentum persists, validating Kaduna’s macro-technical perspective on the market’s reaction to current economic indicators.

Following a drop below $80,000, Bitcoin’s recovery is notable, with current trading data placing it at $83,395—up 7.16% over the week. Despite the bullish sentiment exhibited by some, analyst Tony Severino advocates a cautious approach, remaining neutral amid ongoing volatility influenced by US trade tensions.