Bitcoin has stayed above $100,000 for over 30 consecutive days for the first time ever.
Analysts notice a bullish inverted head and shoulders pattern on the BTC price chart.
Bitcoin could soon hit $150,000 ATH by following the Global M2 money supply.
The pioneer cryptocurrency Bitcoin has stayed above $100,000 for over 30 consecutive days for the first time ever, and the crypto market and community are pleased to see it. This is a grand and monumental milestone for Bitcoin (BTC), for this is a sign of strong BTC bull action and resilience, leading to several bullish expectations for the crypto asset. Now, analysts are looking towards the next bull target at $150,000 for BTC price.
Bitcoin Has Stayed Above $100,000 for Over 30 Consecutive Days
The journey to this milestone has been a long and arduous one for Bitcoin this bull cycle. This bull cycle, Bitcoin went on to set a new ATH price a few days before the Bitcoin Halving event, a most unusual event that had never occurred before. This led to FUD, with some analysts expecting no new ATH prices after the Bitcoin Halving event, but the price of BTC went on to prove them wrong.
In Q4 of 2024, the price of BTC went on to set a string of new ATH prices that went as high as the $90,000 price range. Then, as Bitcoin entered the New Year in 2025, the price of Bitcoin finally went on to hit its first-ever ATH price of 6-digits in January. However, soon after this event, the price of Bitcoin went into a brutal correction phase that took its value back down to the 70,000 price range.
https://twitter.com/BitcoinMagazine/status/1932491173035114611
Next came a prolonged correction phase that took the rest of Q1 and the start of Q2, when the price of ETH finally set a bottom. Since then, both BTC and ETH went on to hit higher highs, with BTC setting a new ATH price at the $111,000 price range. Presently, the price of BTC has been moving in a steady and strong sideways movement and, as we can see from the post above, has managed to stay above the $100,000 price for over 30 consecutive days, setting greater bullish intentions and expectations to hit higher prices.
Massive Inverted Head and Shoulders Patterns, BTC to $150,000?
https://twitter.com/ColinTCrypto/status/1932277888382050786
These expectations for higher prices aren’t just hopes and wishes from Bitcoin whales and traders. No, according to reputed crypto analysts from various parts of the world, the BTC price chart is showing many bullish indicators for massive price surges. As we can see from the post above, this analyst highlights a massive inverted head and shoulders pattern on the Bitcoin (BTC) price chart.
https://twitter.com/AltcoinDaily/status/1932606149674828258
According to this chart, the price of Bitcoin (BTC) could go on to hit the $150,000 price target once BTC price breaks above the neckline around the $113,000 price range. Furthermore, this prediction falls right in with the expectation for BTC price to pump in the same pattern as the Global M2 money supply. Historically, Bitcoin follows this same pattern, just a few weeks behind, and it looks like a major surge is imminent.
