Can BTC Price Rebound 30%?

Takeaways from the conference:

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

• It is not uncommon for a third wave of profit to precede a recovery.

BitcoinBTC( ) is down by 7.50% three weeks after setting a record high of around $123,250. Analysts say that this could be the last shakeout prior to a breakthrough towards $150,000.

BTC has critical moving average support

Bitcoin regained support on Sunday after briefly dipping under its 50 day exponential moving average.

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

BitBull analyst BitBull believes that BTC has repeated the setup. says The cryptocurrency could undergo an event similar to June in the upcoming days.

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 wave of price growth.

Breakout targets for classic technical breakthroughs $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 2025Analysts expect this to occur 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.

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

The second came after the US spot ETFs launched in March 2024. After the Trump election, BTC broke through $100K. Thirdly, in July 2025, a break-out over $120,000 was triggered. 80,000 BTC selloff by an old whale.

Each wave of profit taking was followed by two to four-month periods of moderate price adjustment or consolidation. 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 any kind of decision.