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Can Bitcoin reach 150,000 USD by the end of this year?
After Bitcoin rebounded to a record high of $112,000, expectations of reaching $150,000 before the end of 2025 were blown up again. However, a quick correction below $105,000 is making the breakout prospects more fragile.
Is Bitcoin forming a bearish reversal pattern?
On the technical chart, Bitcoin seems to be forming an inverted cup-and-handle pattern, with the neckline around the 100,800 USD mark acting as the current support zone. As of June 7, the BTC price has entered the "handle" formation phase and is at risk of breaking the neckline in the near future.
! BTC/USD Daily Price Chart | Source: TradingViewBased on the structure of the inverted handle cup pattern, if Bitcoin breaks through the $100,800 mark, the probability of the price plunging to the $91,000 area will increase significantly. This decline would coincide with the 200-day exponential moving average (EMA 200) blue.
The Relative Strength Index (RSI) of Bitcoin has also decreased along with the price, indicating that selling pressure is being supported by the market. As of June 7, the RSI is at 52 – reflecting a weakening upward momentum; if it loses the 50 mark, the downward pressure may become stronger.
To regain control, the bulls need to pull the Bitcoin price back above the 20-day EMA (purple line), which is currently around the 105,000 USD level. If the price continues to retreat to the 91,000 USD range, the prospect of reaching 150,000 USD by the end of the year will become even more distant.
The 2021 model shows that Bitcoin is unlikely to reach 150,000 USD by 2025
On the broader timeframe, Bitcoin's weekly chart is emitting familiar warning signals. A bearish divergence is forming between the price line and the RSI indicator – simulating the peak of the 2021 cycle, when the price kept making new highs but the RSI went down. This divergence once led to a 61% correction near the 200-week EMA (đường green dương) and even lower.
This scenario makes the likelihood of Bitcoin reaching the milestone of 150,000 USD before the end of 2025 seem further away than ever, especially if the divergence is confirmed as a cyclical peak similar to previous phases.
Veteran trader Peter Brandt also supports this view. In an analysis from May 2025, he pointed out a rising wedge pattern on the BTC price chart and warned that Bitcoin needs to reclaim the parabolic trend line if it wants to continue on the path towards the cycle peak range of 125,000–150,000 USD in August or September 2025.
! BTC/USD Weekly Price Chart | Source: TradingViewBrandt notes that if that doesn't happen, the current bullish cycle may have ended – and will most likely lead to a 50–60% pullback like it did after previous peaks.
Bull flag supports the expectation of 150,000 USD
Despite the increasingly negative technical signals, some analysts remain optimistic about Bitcoin's potential to reach the milestone of 150,000 USD.
Many traders see similarities between the current market structure of Bitcoin and the spectacular breakout of gold in the 2000s. They believe that BTC could replicate the upward journey of gold, further reinforcing the scenario of 150,000 USD.
Analyst Tony Severino emphasizes that the bull flag pattern ( is forming – a signal for the potential price explosion to the 150,000 USD range.
From an on-chain data perspective, researcher Axel Adler Jr. believes that Bitcoin is approaching a "bullish startup zone" according to historical cycle patterns.
![])https://img.gateio.im/social/moments-279b36db3d53a9afc7e529c58ea718ff(Bitcoin Composite Index | Source: CryptoQuantAdler believes that if the NUPL/MVRV ratio can rise above 1 and maintain stability, a new wave of rise may push the price of Bitcoin to the range of 150,000–175,000 USD, similar to the strong rallies in 2017 and 2021.
Itadori