Bitcoin price may target $150K by late summer if certain conditions are met. Recent GDP contraction influences Fed rate cuts, affecting BTC’s bullish momentum. Trader Peter Brandt sees potential for $125K to $150K peak, while Axel Adler Jr. outlines bullish and bearish scenarios for future BTC prices.
A notable Bitcoin trader claims BTC could surpass $150,000 by late summer 2025, but only if certain conditions unfold. Specifically, this would only happen if Bitcoin breaks beyond its parabolic slope pattern observed in its price chart. On May 1, Bitcoin’s price surged to an impressive $96,700, coinciding with the first contraction in the US GDP since the second quarter of 2022, raising concerns about the economy. Consequently, there’s a 62.8% chance that the Federal Reserve will cut interest rates when it meets on June 18.
In the past day alone, liquidations from short positions amounted to over $137 million. Joao Wedson, who founded Alphractal, noted the current momentum in Bitcoin’s price supports bullish trends going forward. Alongside these positive signals, veteran trader Peter Brandt weighed in on the possibility of Bitcoin hitting the $125,000 to $150,000 mark by Q3 2025. Brandt identified a parabolic arc pattern in Bitcoin’s charts, a formation known for leading to rapid increases followed by sharp corrections, reminiscent of the market’s behaviour during the Bitcoin surge in 2017.
Another well-known figure in Bitcoin analysis, Axel Adler Jr., highlighted that the cryptocurrency is approaching what he calls a “start” rally zone. He explained three different scenarios that could play out, with the bullish case suggesting Bitcoin could hit upwards of $150,000. Adler Jr. mentioned that if the Ratio exceeds 1.0 and stabilises above it, metrics like NUPL and MVRV could indicate a strong impulse, potentially pushing prices toward $150,000 to $175,000, echoing trends from previous cycles in 2017 and 2021.
On the flip side, there’s a baseline scenario where Bitcoin may hover between $90,000 and $110,000 if fresh investments are scant and current holders don’t expand their stakes. Then there’s the bearish outlook, which might see prices dropping to between $70,000 and $85,000 if profit-taking by short-term holders accelerates.
In terms of recent price movements, Bitcoin has shown a steady breakout pattern over the last two weeks, climbing 13% before entering a phase of sideways movement and then breaking out again, reaching the range of $93,000 to $96,000. Currently, Bitcoin is trying to overcome established resistance, but a volume cluster between $96,000 and $99,000 hints at potential consolidation before it aims for the significant $100,000 level.
