$BTC Bitcoin's potential to hit $150,000 by year's end is a topic of debate among analysts. Some point to bullish patterns and on-chain data supporting the possibility, while others warn of crypto volatility and potential corrections.

*Key Points to Consider:*

- *Bearish RSI Divergence*: A bearish divergence similar to 2021 suggests Bitcoin could face a 50%+ correction toward $64,000, challenging the $150,000 year-end target.

- *Inverse Cup-and-Handle Pattern*: Bitcoin's current pattern indicates a potential breakdown below $100,800, which could lead to a drop toward $91,000.

- *Relative Strength Index (RSI)*: RSI has declined in tandem with Bitcoin's price, signaling strong trader conviction behind the ongoing sell-off. A break below 50 could intensify downside pressure.

- *Bullish Predictions*: Some analysts see similarities between Bitcoin's current market structure and gold's explosive breakout in the 2000s, predicting a potential $150,000 target.

- *On-Chain Analysis*: Bitcoin researcher Axel Adler Jr. believes BTC is approaching a critical "start" rally zone, which could push Bitcoin's price toward $150,000-$175,000.

*Current Market Data:*

- *Bitcoin Price*: $105,452.41 (0.31% increase)

- *Market Cap*: $2.09 trillion

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Given the mixed signals and high volatility in the crypto market, it's essential to approach predictions with caution and consider multiple perspectives.