Can BTC Price Rebound 30%?

Takeaways from the conference:

• Bitcoin’s 50 days EMA bounce coincides with a pattern bullish targeting $148,000.

• The 80,000 BTC sale by Old Whale marks the third profit wave. This is often an indication of a future recovery.

BitcoinBTCThe price of, which reached a new record at $123,250 three weeks ago, has fallen by 7.50%. Analysts say that this could be the last shakeout prior to a breakthrough towards $150,000.

BTC has critical moving average support

After briefly dipping beneath it the day before, Bitcoin retook on Sunday its 50-day moving exponential average (50-day EMA) as support.

This 50-day EMA is a good support for new rallies. A brief decline below the wave support in June was followed by a 25% surge.

Related: Bearish Arthur Hayes says Bitcoin could retrace to $100K on macro headwinds

Analyst BitBull has noticed that BTC is repeating this same pattern. says The cryptocurrency could undergo an event similar to June in the coming weeks.

He argues that even a drop into the $110,000–$112,000 range would establish a “perfect bottom” Bitcoin may be setting up the next phase of its rise.

The classic break targets are $148,000

The 50-day EMA support further aligns with the neckline of Bitcoin’s prevailing inverted head-and-shoulders (IH&S) pattern.

After breaking above this neckline, BTC has pulled back to retest it—a typical post-breakout move—and bounced, reinforcing the validity of the bullish reversal setup.

The successful neckline retest now signals that Bitcoin may be entering the continuation phase of its breakout, with the IH&S pattern targeting a move toward $148,250.

This is the highly anticipated moment $150,000 BTC upside target for 2025Many analysts predict that the event will take place around October.

The sale of $9.6 billion by an old Bitcoin whale is bullish

Onchain data indicates further that Bitcoin’s current price drop may lead to a major breakout.

Bitcoins have seen three waves. profit-taking by whales during the 2023–2025 bull market, according to CryptoQuant data.

First, the launch in March 2024 of US Spot ETFs. Second, BTC reached $100K in the late 2024 after Trump’s election. The third happened in July of 2025 following a breakthrough over $120,000. 80,000 BTC selloff by an old whale.

A period of moderate price correction or consolidation, usually lasting two to four weeks, precedes each wave of profit taking. wrote CryptoQuant’s analysts published a Friday report.

“These cooling phases have historically set the stage for renewed accumulation and a subsequent breakout to new all-time highs,” They say:

“The data provides compelling evidence that the market is undergoing another cyclical cooling phase, consistent with prior waves that preceded periods of consolidation and later breakouts to higher prices.”

This article contains no investment recommendations or advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.