The Bitcoin crashed on Thursday, with the titanic fracas between Trump and Musk sending shockwaves through the American financial markets. The premier cryptocurrency plummeted a dizzying 5%, shedding over $5,000, to hover perturbingly below the $101,000 mark.
Fasten your seatbelts, those who panic over dips in the stock markets might miss an upside. This is the kindred of price determining to move higher. Technical indicators are lining up; if they could speak, that would be a bullish voice. Think of this pullback not as a setback, but as the last piece falling into place for a big rally. History is prepared to repeat itself.
Bitcoin Set For Price Surge, First Target At $130,000
Bitcoin Bull Alert! CrypFlow, a keen-eyed market oracle on the platform X, dropped a bombshell prediction on June 6th, stating that Bitcoin is set for a rally, even as the downside prices are seen now.
The current Bitcoin dip thus could well follow a pattern. A price correction was expected after it allegedly reached an all-time high of $111,970 on May 22. But CrypFlow says, don’t panic yet. Technical indicators are hinting at an encore of a Q4 2024 rally, making this dip the foretaste of Bitcoin’s next pump.
The picture that the chart was painting in early June 2025 was bullish as a golden cross emerged with the 50-day SMA surging above the 200-day SMA. This isn’t just a line crossing another; a classic tide-changing signal and maybe a surge in the momentum of the markets. The last time we witnessed this golden event was back in November 2024, making its reappearance all the more noteworthy.
Bitcoin finally shattered through a major ceiling! There was very slight pressure put on prices by a downward purple trendline since December 2024, and that finally broke. That also reflects the breakout back in early November 2024, when BTC leapt past resistance dating all the way back to March 2024, suggesting some recurring pattern and possible bullish momentum.
The 10-percent tumble, from $74,500 to $68,500, in November could have been the market’s last breeze before a huge thrust. Was that slight shaking just a hint of a tectonic shift, or was it the last air escaping before a blow-up?
Bitcoin Poised for a Q4 Repeat? CrypFlow Predicts Potential Surge to $170K.
Is Bitcoin echoing its parabolic Q4 2024 performance? The CrypFlow team stands by the belief that history does rhyme, thus bringing in the idea of a potential 62% surge that may push the top crypto toward a staggering $170,000. While acknowledging its inherent volatility, CrypFlow’s more conservative first target is $130,000, which would still mean a 25% gain over where it’s trading right now. So, keep an eye on those charts.
Bitcoin Price Prediction
Gaining just a few more dollars to scrape past $104,850 second hand, Bitcoin has registered a sober 2.57% price appreciation in the past 24 hours. Under the surface, though, an ominous undertone plays out in the markets, with daily trading volume nosediving nearly 20%, presaging a probable regime change in the arrival of bullish momentum.
Hold onto your seat! Jitters with a Fear & Greed Index showing 45, however, the analysts of Coincodex keep betting bullish on Bitcoin. Strap in for a quick three-day rocket ride to a price upwards of $134,074, destined to be followed by another three-month moon trip to $155,864. The prediction site sees bullish skies ahead for BTC.
Featured image from Getty Images, chart from Tradingview
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