A distinguished crypto pundit has outlined a compelling case for the Bitcoin worth outlook, predicting a surge to a goal as excessive as $260,000 this bull cycle. Nonetheless, a crucial invalidation degree stands in the best way of this bullish state of affairs, 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 worth may hit a bullish goal between $200,000 and $300,000. The analyst’s chart means that Bitcoin’s worth motion previously few years has intently adopted a basic market cycle construction, transferring by means of the Accumulation, Redistribution, Re-accumulation, and Distribution phases.
Bitcoin Value Eyes New ATH Above $260,000
In keeping with Lagen, Bitcoin has efficiently damaged out of a seven-month re-accumulation section, signaling the potential begin of a strong uptrend. Between late 2022 and early 2023, the cryptocurrency skilled an accumulation section during which good cash entered the market at low costs when BTC had bottomed out. This was adopted by a powerful rally that led to a fast worth appreciation to new highs.
After consolidating for seven months in mid-2023 – early 2024, Bitcoin fashioned a spread, permitting the market to soak up provide earlier than one other worth breakout. Notably, this pattern continued in 2025, with BTC breaking out of a seven-month re-accumulation section.
Primarily based on the trajectory of Lagen’s worth chart, Bitcoin’s subsequent leg up is a pointy rise to $240,000, adopted by a quick correction earlier than rallying to a worth peak between $290,000 and $300,000. After hitting this ATH, the analyst predicts that Bitcoin will decline and bear a interval of uneven buying and selling, experiencing worth fluctuations between $220,000 and $260,000.
Curiously, Bitcoin’s projected rise to an ATH and the next sideways buying and selling are anticipated to happen throughout its distribution section, which is usually characterised by elevated sell-offs and market volatility. As soon as BTC experiences a ultimate surge to $260,000, Lagen predicts a worth crash towards $148,000 – $136,000, marking the potential finish of the bull rally and the beginning of the bear market.
Key Invalidation Stage Threatening BTC’s Rally
Lagen’s optimistic worth forecast for Bitcoin is being threatened by a key invalidation degree, which may halt the cryptocurrency’s potential surge to $200,000 – $300,000. Though Bitcoin’s bullish construction stays intact, the analyst warns {that a} weekly shut beneath the 40-week LSMA would invalidate its breakout.
As of writing, the Bitcoin worth is consolidating above this key invalidation degree at $73,900. So long as it holds above this degree, Lagen believes that its bullish trajectory can be sustained. Nonetheless, a drop beneath $73,900, which already represents a 15% decline from BTC’s present market worth, may postpone the projected surge or cancel it altogether.
Featured picture from Adobe Inventory, chart from Tradingview.com
