Analyst Predicts Bitcoin Surge to $145,000 Despite Bearish Trends

The recent Bitcoin price drop below $100,000 has stirred bearish predictions, though some analysts argue against a further decline.

Bitcoin Price Analysis

Crypto analyst @YazanXBT disputes the $92,000 crash target. He predicts BTC will reach $145,000 before any major retracement.
@YazanXBT likens the current situation to past bear markets where mass bearish sentiment preceded a strong recovery.
A community member pointed out an unfilled CME gap at $92,000, suggesting BTC fills such gaps before hitting new highs.
The analyst maintains that Bitcoin is more likely to rally than to fill the CME gap soon.
A surge to $145,000 would mean a 50% increase from the current price of slightly above $96,000.

@CottonXBT suggests the recent dip looks like manipulation, not a trend reversal, due to sharp sell-offs and rapid wicks.
This pattern may indicate large players shaking out retail investors before pushing prices higher.

Bitcoin

Some investors view the pullback as an opportunity to accumulate BTC under $100,000, seeing potential for future gains.