Analyst predicts Bitcoin $90k rally, $42k dump, then $240k peak

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Cyclop sketches a volatile path for Bitcoin. Squeeze to $90k, dump to $42k, then a blow-off rally to $240k (Cyclop on X).

Bears cap every bounce in the current downtrend (NewsBTC). Cyclop argues bearish sentiment plus ready dip-buying can first push price higher (NewsBTC analysis).

Bitcoin price

Sequence the analyst tracks:
- $69k tagged earlier this week. Marks a possible rally start (NewsBTC: major targets).
- Squeeze toward ~$78k next (NewsBTC: major targets).
- Extension higher could reach ~$90k before reversal (Bitcoinist: path to $90,000).
- Sharp reset to new cycle lows near $42k to wash out sentiment (Bitcoinist: $42,000 cycle lows).
- Final leg: explosive rally with a target near $240k (NewsBTC: major targets).

“Bottom” comes after the squeeze-and-dump clears excess optimism, not while buyers still sit ready below (Cyclop on X).

Bitcoin price chart from TradingView

Title
Cyclop: Bitcoin to $90k, then $42k, then $240k