Can BTC Price Rebound 30%?

The key take-aways

• Bitcoin’s 50 day EMA bounce is aligned with a bullish target of $148,000.

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

BitcoinBTC( ) is down by 7.50% three weeks after setting a record high of around $123,250. Analysts believe this is the final shakeout ahead of a break out towards $150,000.

BTC has critical moving average support

Bitcoin retook the 50-day exponential-moving-average (50-day EMA, or red wave), as support on Sunday after briefly dipping under it a few days prior.

This 50-day EMA is a good support for launching new rallies. For example, in June, a short drop below this support wave preceded an abrupt 25% recovery.

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 days ahead.

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.

It is close to the anticipated $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’s data also indicates that Bitcoin’s continued price decline may result in another major breakout.

Bitcoin has experienced three main 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.

Every wave of profit-taking was preceded by a period or price consolidation, which lasted between 2 and 4 months. wrote CryptoQuant analyst in a published report on Friday.

“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.”

The article is not intended to provide investment advice. Risk is inherent in every investment decision and trade. The reader should always do research prior to making a final decision.