Can BTC Price Rebound 30%?

The key takeaways

• 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.

BitcoinBTCThe price of, which reached a new record at $123,250 three weeks ago, has fallen by 7.50%. Analysts believe this is the final push before $150,000.

BTC maintains critical support for moving average

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 initiating 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 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.

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 2025Many analysts predict that the event will take place around October.

Bullish on the sale of an Old Bitcoin Whale’s $9.6 Billion.

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

Bitcoin has experienced three main waves. profit-taking by whales during the 2023–2025 bull market, according to CryptoQuant data.

The second came after the US spot ETF launch on March 20, 2024. Second, BTC reached $100K in the late 2024 after Trump’s election. Thirdly, in July 2025, a break-out over $120,000 was triggered. 80,000 BTC selloff by an old whale.

Each profit-taking wave was preceded by a moderate price correction or consolidation period lasting two to four month. 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.”

The information in this article is neither investment advice nor a recommendation. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.