{"id":59797,"date":"2025-04-16T18:00:15","date_gmt":"2025-04-16T18:00:15","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=59797"},"modified":"2025-04-16T18:00:15","modified_gmt":"2025-04-16T18:00:15","slug":"bitcoin-price-following-analysts-prediction-for-bullish-breakout-heres-the-target","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=59797","title":{"rendered":"Bitcoin Price Following Analyst\u2019s Prediction For Bullish Breakout, Here\u2019s The Target"},"content":{"rendered":"

The Bitcoin price appears to be moving in lockstep with a bullish prediction<\/a> made by a crypto analyst earlier this month. According to the analyst\u2019s forecast, Bitcoin is set to break out to a new all-time high<\/a> above $120,000 following the announcement of a temporary tariff pause by United States (US) President Donald Trump.\u00a0<\/p>\n

$120,000 Bitcoin Price Forecast In Motion<\/h2>\n

Kaduna, a crypto analyst on X (formerly Twitter), has released<\/a> a follow-up analysis on his previous bullish prediction of Bitcoin, highlighting that it is playing out as expected. On April 11, the analyst predicted<\/a> that Bitcoin was preparing for a massive push above $120,000.\u00a0<\/p>\n

He outlined a thesis that the 90-day suspension of President Trump\u2019s Tariffs<\/a> would act as a powerful macroeconomic catalyst for Bitcoin. Kaduna argued that the market may start \u201cfrontrunning\u201d about a month early, culminating in a mini bull market<\/a> during a 55-day \u201cexit window\u201d between April 3 and June 3 2025.\u00a0<\/p>\n

Accompanying this bullish analysis was a detailed chart comparing Bitcoin\u2019s price movements<\/a> through candlesticks with a blue overlay, believed to represent a macroeconomic indicator such as global M2. The blue line in the chart projects a steady climb during this window, offering a clear visual target above $120,000. Kaduna had stated that if his prediction played out, he would exit most positions by the end of the window.\u00a0<\/p>\n

Just days after his bullish forecast, Bitcoin has begun mirroring the projected path. Kaduna revealed in a follow-up candlestick chart that Bitcoin is breaking above the local resistance at $84,000 with strong volume support, aligning with the predicted overlay. This early strength suggests that the frontrunning behaviour the crypto expert projected earlier is now playing out in real time.\u00a0<\/p>\n

The blue line suggests a potential move toward the $120,000 \u2013 $125,000 range over the next month and a half, setting a clear upside target if momentum continues. Bitcoin\u2019s price action<\/a> is also unfolding right on cue within the 55-day window, validating the analyst\u2019s bullish thesis.<\/p>\n

Both the overlay and Bitcoin\u2019s prices are trending upwards, signaling that the market is indeed reacting to the macroeconomic tariff<\/a> catalyst. If this trajectory holds, it would mark a significant validation of the analyst\u2019s macro-technical analysis approach.\u00a0<\/p>\n

Update On The Bitcoin Price Action<\/h2>\n

Following its crash below $80,000<\/a>, the Bitcoin price seems to be on a path to recovery. CoinMarketCap\u2019s data reveals that Bitcoin is currently trading at $83,395, marking a significant 7.16% increase over the past week.\u00a0<\/p>\n

The cryptocurrency had broken<\/a> the resistance level at $84,000 earlier this week. However, it retraced sold gains and is now trading at its present market value. Given its fluctuating price and unstable market, crypto analysts like Tony Severino have revealed<\/a> that he is neither bullish nor bearish on Bitcoin. Instead, he seems to be taking a wait-and-see approach, closely monitoring how the market responds to ongoing volatility<\/a> driven by the US Trade war<\/a> and tariff implementation.<\/p>","protected":false},"excerpt":{"rendered":"

The Bitcoin price appears to be moving in lockstep with a bullish prediction made by a crypto analyst earlier this month. According to the analyst\u2019s forecast, Bitcoin is set to break out to a new all-time high above $120,000 following the announcement of a temporary tariff pause by United States (US) President Donald Trump.\u00a0 $120,000 […]<\/p>\n","protected":false},"author":0,"featured_media":59798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-59797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/59797"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59797"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/59797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/59798"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}