Crypto analyst Cupra says Bitcoin has formed a historically aggressive recovery setup, pointing to a potential rally ahead. He forecasted BTC could reach a new all-time high near $150,000 in the next bull phase and shared a chart that implies a possible cycle peak around $420,000.
Cupra compared the current market structure to 2019, when a lengthy period of weakness preceded a 282% surge. He argues a similar reset is unfolding now — but with even more liquidity — as sentiment is suppressed, smart money accumulates, and conditions for a rally build. In a follow-up note he described a “perfect cycle structure” of 35 bars up and 12 bars down, saying Bitcoin has just completed the 12-bar reset and entered a launch zone. He expects the next leg to be violent and the beginning of a parabolic phase.
Other analysts urge caution. Colin warns Bitcoin still faces downside risk despite claims of a bottom, pointing to a bear-flag setup that could allow a short-term move above $77,000 (potentially aided by a temporary ceasefire boost) followed by renewed downward pressure. Aralez advises prudence on trades, noting BTC now sits in a key zone after clearing a large liquidity shelf: the local structure looks bullish, but traders should watch for early signs of weakness or a stall into a range.
At the time of writing, Bitcoin trades around $71,000, having slipped over the past 24 hours, according to CoinMarketCap.