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Analysts See Bitcoin Heading for a New $150K Leg
Bitcoin (BTC) appears primed for further upside after it printed a fresh all-time high last weekend. Market commentators say the rally — fueled by record spot ETF inflows, weakening US dollar dynamics and seasonal bullishness — may be just getting started, with some analysts targeting $150,000 as the next major milestone.
What traders are saying
Crypto analyst CrediBULL Crypto noted that the market moved into new ATHs in an "impulsive manner," signaling the beginning of a new upward leg toward $150K and beyond. The analyst warned that while a short-term pullback into the $108,000–$118,000 range remains possible, such dips would be healthy accumulation opportunities rather than reasons to question the trend.
Long-term trader Crypto Chase echoed that view, suggesting any retracements should be shallow if Bitcoin’s strength is genuine. Whale trader James Wynn of Hyperliquid described the market as entering "price discovery mode," arguing that years of price suppression delayed this move while other asset classes captured attention.
BTC cools from its Sunday ATH after record weekly candle
ETF flows and macro catalysts
Market participants point to spot Bitcoin ETFs in the US as a primary driver behind the recent surge. Venture investor Will Clemente observed that the move isn’t attributable to treasury buys or derivatives alone but rather to significant ETF allocations rotating capital out of commodities and small-cap stocks into BTC. Industry observers recorded roughly $3.2 billion in spot ETF inflows in a single week, one of the largest weekly totals since ETFs launched.
These inflows coincided with the US Dollar Index’s sharp decline — its worst stretch in decades — which has encouraged investors to hedge dollar exposure. Jeff Mei, COO at BTSE, noted that the US government shutdown and broader monetary pressures are prompting some investors to view Bitcoin as an alternative store of value and a vehicle for diversifying away from Treasuries and the USD.
Technical outlook and seasonality
Technically, Bitcoin closed the most recent weekly candle at a record-high close of $123,543, according to TradingView data, reinforcing the bullish sentiment. Analysts and traders point to historical seasonality as an additional tailwind: BTC has historically posted strong performance in many past fourth quarters and Octobers.
Crypto YouTuber Michaël van de Poppe highlighted the speed of the move, noting how rapidly BTC climbed from roughly $110K to $125K within a week. Capriole Investments founder Charles Edwards predicted that breaching the $120K area could catalyze a rapid advance to $150K, while other market participants see price discovery and continued ETF demand as the path forward.
Risks and possible pullbacks
While the consensus skews bullish, several analysts caution about volatility. Short-term pullbacks into the $108K–$118K zone are considered possible and, for many traders, beneficial — offering cheaper entries during a broader uptrend. Macroeconomic events, changes in Fed policy, or a sudden reversal in ETF sentiment could temporarily halt or reverse gains.
Conclusion: A cautious but bullish path to $150K
Overall, the convergence of strong spot ETF inflows, a weakening US dollar, bullish seasonal patterns and renewed market momentum suggests that Bitcoin is well positioned for additional upside. If inflows persist and price discovery continues, $150,000 is a realistic target on the horizon this cycle — though investors should remain prepared for intermittent retracements and elevated volatility in the weeks ahead.
Source: cointelegraph
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