Crypto Pundit Makes Case For Bitcoin Price At $260,000, But This Invalidation Level Threatens The Rally

Quick Summary:

Once BTC experiences a final surge to $260,000, Lagen predicts a price crash toward $148,000 – $136,000, marking the possible end of the bull rally and the start of the bear market.  Key Invalidation Level Threatening BTC’s Rally Lagen’s optimistic price forecast for Bitcoin is being threatened by a key invalidation level, which could halt the cryptocurrency’s potential surge to $200,000 – $300,000.

The analyst’s chart suggests that Bitcoin’s price action in the past few years has closely followed a classic market cycle structure, moving through the Accumulation, Redistribution, Re-accumulation, and Distribution phases.  Bitcoin Price Eyes New ATH Above $260,000 According to Lagen, Bitcoin has successfully broken out of a seven-month re-accumulation phase, signaling the potential start of a powerful uptrend.

However, a critical invalidation level stands in the way of this bullish scenario, threatening Bitcoin’s projected rally if breached.  On March 26, Gert van Lagen, a well-known crypto analyst on the X social media platform, predicted that the Bitcoin price could hit a bullish target between $200,000 and $300,000.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: United Kingdom

Topics: BTC news BTCUSDT Bitcoin LSMA Btc Bitcoin price Bitcoin news Gert Van Lagen Btc price Btcusd Re-accumulation Phase Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-27 @ 20:00:30 (3 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 457 words

Reading Time: 3 minutes read

Sentences: 64 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 27376102

View Article Analysis

About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 4 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 19 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

Publisher Details

Frequently Asked Questions