The market expert expects the schedule of Bitcoin to reach 200 thousand dollars

A market analyst foretold when Bitcoin reaches the price teacher of $ 200,000, which ups his previous goal up due to the current market facts.
Bitcoin (BTC) He is currently It surpasses the market expectations amid constant recovery voltage. The virgin encryption has separated over the resistance teacher of $ 100,000, currently A 102,000 dollar sign holds 6.4 % on May 8.
Data from the pseudonym expert, Intuit Trading, founder of the Media Blockchandail platform, explains that Bitcoin exceeded his expectations during this upward trend.
Bitcoin exceeds the previous goal, the eyes of 200 thousand dollars by July 2025
Earlier last month, the analyst suggested this The collapse to $ 74,000 On April 7 it represents the Bitcoin bottom, and the original can rise from here. This report appeared three days after the accident, on April 10, confirming the confidence in the virgin encryption capabilities.
Twenty days later, on May 1, Intuit Confit confirmed that Bitcoin has gained 25 % since its previous analysis. Based on the rise, he expected that the original will continue in his upscale race, and ultimately demands a new ATH of $ 136,000 by July 2025. It follows a gray style. That bitcoin This path can be followed to $ 136,000.
However, the last basic procedure of Bitcoin has deviated from this path, but in a positive note. Intuit trading The latest report He pointed out that the first encryption assets He has Move much faster than expected, which indicates that he would remain on the gray road if $ 136,000 was the goal by July.
Instead, the analyst suggested that bitcoin He follows Another path, a yellow trend line, which indicates a much higher goal by July. According to him, BTC remained on this yellow line since the bottom on April 7, constantly higher than gray. Interestingly, the yellow line leads to the goal of the price of $ 200,000 By July 2025.
It is worth noting that many analysts have also expected Bitcoin to $ 200,000. For example, Dan Ghambbardo also He argued last month That the bottom is, expecting a crowd to 200 thousand dollars. Moreover, the leading asset manager bitwise also Propagate Increase BTC to $ 200,000 by the end of the year. Bernstein analysts also Expected Bitcoin to reach $ 200,000 by the end of this year.
Analysts grow increasingly
Meanwhile, amid the last recovery, analysts are now increasing. Uhud, Kyptoquant’s founder, admitted that he was wrong when he was Proposal Bitcoin Bull has finished running behind In March.
Two months ago, I said that the bull cycle was over, but I was wrong. #Bitcoin Selling pressure is reduced, and huge flows come through traded investment boxes.
In the past, Bitcoin market was very simple. The main players were old whales, miners and neo -retail investors, mainly … pic.Twitter.com/on4n6vnc0s
– Ki Young Go (@ki_young_ju) May 9, 2025
According to him, the market is currently accommodating new liquidity, and the theory of the tournament may be for 4 years of use now with the incredibly growing bitcoin market. However, he insisted that most indicators do not show clear or declining signals, however Lying about border lines.
Also, Julian Beetle, legal financial analyst and head of macro research at GMI, available Update to Bitcoin scheme against the global M2 supply scheme. Interestingly, the comparison shows that Bitcoin has continued to follow the M2 Money show since 2023.
currently, The M2 Money Global Offer has increased to exceed a mark of $ 110 trillion, as Bitcoin looks forward to maintaining the link. If the relationship persists, then Bitcoin still has some bullish capabilities, with a potential gathering to a mark of $ 160,000. At the time of the press, Bitcoin changes at 102,991 dollars, an increase of 3.8 % over the past 24 hours.
Included: This content is media and should not be considered a financial advice. The views expressed in this article may include the personal opinions of the author and do not reflect the basic opinion of encryption. Readers are encouraged to conduct comprehensive research before making any investment decisions. Crypto Basic is not responsible for any financial losses.
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