When will Bitcoin start a new bull cycle toward $150K? Look for these signs

💡 DMK Insight

Bitcoin’s current price at $67,273 is a critical juncture—here’s why that matters right now: For BTC to hit that ambitious $150,000 target by year-end, we need to see strong buying momentum and a break above key resistance levels. The psychological barrier around $70,000 is crucial; if BTC can close above this level on a weekly basis, it could trigger a wave of FOMO among retail traders. Additionally, macroeconomic factors like inflation rates and interest rate decisions will play a significant role in shaping market sentiment. If the Fed signals a dovish stance, expect more liquidity to flow into crypto, potentially fueling a rally. But let’s not ignore the flip side: if BTC fails to hold above $65,000, we could see a retracement that tests support around $60,000. Traders should keep an eye on volume trends and the RSI for signs of overbought conditions. Watch for any news that could impact institutional buying, as large players could sway the market significantly. The next few weeks will be pivotal, so stay alert for those breakout or breakdown signals.