Bitcoin’s Bullish Momentum Triggers $200K Price Prediction
Bitcoin has surged past $102,540 with unexpected velocity, forcing market analysts to revise their predictions dramatically upward. The top cryptocurrency now trades at roughly $102,991, after 3.8% growth for the day and a big 6.4% rally on May 8, which triggered the doubt: how sky-high can BTC climb in this cycle?
In a new report from Intuit Trading, the pseudonymous founder of crypto media outlet Blockchain Daily, Bitcoin’s current path would send it to reach an epoch-making $200,000 by June 2025. This forecast is an improvement from his former prediction of $136,000, which he made only one week before.
Bitcoin Follows ‘Yellow Path’ Toward Accelerated Growth
Initially, Intuit Trading traced a “gray path” for Bitcoin after its April 7 plunge to $74,000: an event he was confident was the market bottom less than three days later. His first view, predicated on a slow rise, was that BTC would have gone up to $136K by the middle of 2025. Nevertheless, the crypto’s most recent price action has exceeded these expectations.
The analyst also commented:
“Bitcoin has been following a new, faster-moving trendline, which I refer to as the ‘yellow path’. This yellow trajectory formed following the April bottom and continues to be firmly in place, meaning we may head for $200,000 in the next 14 months.”
Many people appear to share Intuit’s optimism. Other big voices in the crypto.space have expressed similar opinions. Dan Gambardello stepped forward with his $200K target, as well as the attestation that the April dip was Bitcoin’s last bottom. Institutional confidence is inflating as well–the asset management behemoth Bitwise and analysts at Bernstein expect BTC to notch $200K by year-end.
Macro Models Point to Bitcoin Reaching $160K Soon
Upscaling the bullish narrative, Ki Young Ju, CEO of on-chain analytics firm CryptoQuant, confirmed his earlier bearish expectation was premature. “I had thought the bull run had cooled in March, but turned out, the liquidity inflow is speaking a different tale. The theory of the four year cycle is no longer applicable to the market,” Ju said.
That is even more so the case of macro analyst Julien Bittel of GMI, who upgraded his bitcoin-to-M2 money supply model. The model shows a high level of correlation between the cryptocurrency’s price and global M2 liquidity, which is now exceeding $110 trillion. From this relationship, Bittel believes there is a possibility of a rally to $160,000 before the end of 2025.
With momentum picking up steam, the overall feeling is that the guarded optimistic bias is being replaced by the near-loudest, all-out bullish conviction. Regardless of whether the yellow path succeeds or a new surge reruns the expectations yet again, there is something that is certain: The next destination for Bitcoin may be more up in the stratosphere than it was believed.
