This is the “only condition” stopping bitcoin from $ 150,000

While Bitcoin (BTC) found an impulse higher than $ 90,000, the expert considers this position as important for an asset in order to achieve a record maximum of more than $ 150,000.

Referring to the upper indicator of the PI cycle, a noticeable cryptocurrency analyst in the Ali Martinez chain, suggested that Bitcoin could rise to $ 155,400, but should maintain the price above 91,400 dollars, he said on April 27.

The upper indicator of the PI cycle, which tracks the 111-day sliding medium (MA) twice as much as 350-day sliding average, is used to predict the main peaks in the bitcoins market. Now Martinez’s prospects are that two average values ​​converge again, signaling the potential upper order if Bitcoin holds above 91,400 dollars.

Although the analyst did not provide a schedule so that Bitcoin remains above this level, he occurs at a time when the digital currency observes a short -term impulse, due to allegedly mitigating the trade stress between the United States and China.

More catalysts support bitcoins up to $ 150,000

In the same latitude, another cryptocurrency analyst, Ted pillows believes that Bitcoin will probably bargain at $ 150,000 during this cycle, but indicates another catalyst.

In a statement X on April 27, pillows noted that the surge of global supplies M2 could cause Bitcoin rally, since the asset historically monitored the expansion in global liquidity.

He also considered concern about the misleading data offering a drop in the supply of M2 in India, attributing them to technical failures. Even if the M2 stabilizes, Pillows believes that the strong foundations and technical indicators position bitcoins to surpass $ 150,000.

Meanwhile, according to Finbold, an expert on crypto -trade Trading slingshots He believes that by August Bitcoin has a chance to claim $ 140,000, referring to the technical prospects of the asset and historical trends.

Indeed, additional data on the chain confirm the possibility of reaching bitcoins at a new maximum, with understanding the Crypto Analytics platform Sanctiment Assuming that investors foresee a further rebound of the price for BTC.

In particular, as of April 26, more than 40,000 BTCs were recalled from centralized exchanges within a week. Such a shift often signals the growing trend of investors to move their assets into cold storage, which indicates that it is very confident in the long -term cost of Bitcoin.

Since Bitcoin erupted in a weekly diagram, the relative force of the asset (RSI) with reading 68.65, suggests that it can enter the bought -up zone.

In addition, the price remains much higher than 50-day and 200-day simple average movements (SMA), while the 200-day SMA currently is 86,241 US dollars, which enhances a strong tendency to increase.

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