Bitcoin Trend That Has Held For 15 Years Shows When To Expect The Bottom And When $400,000 Will Happen

Bitcoin Trend That Has Held For 15 Years Shows When To Expect The Bottom And When $400,000 Will Happen

Source: NewsBTC

Published:11:30 UTC

BTC Price:$72641.5

#btc #crypto #bitcoin

Analysis

Price Impact

High

The article discusses a 15-year trend suggesting a potential bottom for bitcoin and a target of $400,000. it also mentions a megaphone bottom pattern pointing to a new all-time high around $160,000, but contrasts this with a head-and-shoulders pattern suggesting a drop to the mid-$60,000s. the conflicting signals create significant uncertainty and potential for large price swings.

Trustworthiness

Med

Price Direction

Neutral

The article presents two opposing scenarios: one predicting a rally to $400,000 by 2030 based on a 15-year trend and megaphone bottom pattern, and another suggesting a potential drop to the mid-$60,000s due to a head-and-shoulders top and bear flag pattern. this makes the immediate price direction uncertain.

Time Effect

Long

The article references potential price targets and cycle completions spanning several years, particularly the $400,000 target by 2030. however, it also mentions immediate decisions within a day or two regarding the head-and-shoulders pattern, indicating both short-term and long-term implications.

Original Article:

Article Content:

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Crypto analyst Blade has pointed to a Bitcoin trend that could signal when the leading crypto could find a bottom in this bear market cycle . The analyst also suggested that BTC could rally to as high as $400,000 in the next bull market. Bitcoin Trend Which Points To When BTC Could Bottom In an X post , Blade noted that every BTC cycle has ended the same way, with the trendline on the monthly chart breaking and support getting lost. He noted that when this happens, market participants call for a deeper crash, but that is when Bitcoin finds a bottom , just as it has for 15 years. Related Reading Bitcoin Enters Buy Zone That Previously Led To A 660% And 1,700% Rally 1 day ago The analyst also mentioned that when Bitcoin finds a bottom, it builds a base and then starts the next leg higher. He remarked that 2026 is starting to look familiar, signaling that a bullish reversal was on the horizon. His accompanying chart showed that BTC could rally to a new high of around $400,000 in this next bull run . The chart also signaled that this target could be reached by 2030. Source: Chart from Blade on X In another X post , Blade said that Bitcoin is getting ready for the final leg. This came as he noted that BTC has been making lower highs for almost a year and, as a result, most people assume the bull run is over. However, he pointed out that the leading crypto remains within the same structure, citing a Megaphone Bottom pattern . The analyst added that point 4 may already be in and that point 5 is now the only target. His accompanying chart showed that point 4 is the bottom, with the possibility that Bitcoin may have bottomed at the February low of $60,000. With this, the leading crypto may now be targeting a rally to point 5 at around $160,000, which would mark a new all-time high for BTC. A Drop To The Mid $60,000 Range Could Still Be On The Cards In an X post , crypto analyst Colin signaled that Bitcoin could drop to the mid $60,000 range. He pointed to a Head-and-Shoulders (H&S) top pattern, which he noted is currently retesting the neckline where it broke down from. The analyst added that a rejection from that level would be a strong confirmation of the top pattern. Related Reading Analyst Compares This Bitcoin Bear Market To Previous Cycles To Show What’s Coming Next 2 days ago Colin declared that Bitcoin is being forced to make a decision and that it should happen within a day or two. He noted that the target is the mid-$60,000 range because a breakdown would simultaneously be a breakdown of the H&S and the channel. Meanwhile, the analyst also pointed to a bear flag that had formed for BTC. At the time of writing, the Bitcoin price is trading at around $73,400, down in the last 24 hours, according to data from CoinMarketCap. BTC trading at $72,847 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Getty Images, chart from Tradingview.com