#USChinaTensions
weekend if this keeps up,” Hayes tweeted.
“We are about to enter UP ONLY mode for $BTC.”
This sentiment aligns with traders now pricing in three to four Federal Reserve rate cuts by year-end—a historically bullish scenario for Bitcoin.
BTC Price Targets: $100K in Sight?
As the U.S. dollar weakens, several crypto analysts are predicting a potential parabolic bull run:
Venturefounder, a noted analyst, pointed to a falling DXY as a leading indicator of a Bitcoin surge, possibly driving prices toward $100,000 if the index continues toward 90.
John Bollinger, creator of Bollinger Bands, noted Bitcoin is forming a bullish bottom near $80K, supporting further upside potential.
Meanwhile, technical analysis shows BTC forming a falling wedge pattern—a bullish reversal setup. According to Cointelegraph and Glassnode, a breakout above $84K could lead to $96K, with long-term targets as high as $130,000–$140,000 by midsummer.
Macro Volatility Fuels BTC Optimism
With bond yields spiking, inflation data pending, and trade policies in flux, Bitcoin is increasingly viewed as a hedge against macro uncertainty. Whether the $84K level becomes the next launchpad or a resistance zone depends on upcoming data and policy responses, according to Cointelegraph.
Key Levels to Watch:
Immediate support: $80,000
Resistance: $84,000, then $96,000
Long-term target: $100,000+ if bullish momentum holds