Bitcoin Analyst Predicts $145K Target as BTC Holds Firm Above $100K
Bitcoin Price Outlook: Bulls Eye $145K
Bitcoin (BTC) continues to dominate market discussions as traders assess its next move. Despite recent volatility, prominent crypto analyst BitQuant remains confident that Bitcoin will stay above the six-figure mark throughout the current bull cycle, projecting a price target of $145,000.
“Bitcoin isn’t going below $100K — not in this cycle. Doesn’t matter the news, the Fed, or inflation,” BitQuant said on social platform X.
The analyst further emphasized that BTC/USD won’t “even come close” to $100,000, reinforcing his bullish stance despite short-term market pullbacks.
Correction or Consolidation?
Bitcoin recently dipped below $114,500, marking an 8.8% drawdown from its latest all-time high. This move also closed a CME futures gap that had remained unfilled since July, a technical event many traders had been anticipating.
Despite this retracement, BitQuant maintains that the path toward new highs — including a local top of $145,000 — remains intact through 2025. Longer-term projections even hint at a potential cycle peak near $250,000.
Source: https://x.com/BitQua/status/1957421475931070905
Related: Strategy Adds $51M in Bitcoin as BTC Hits $124K Before Sharp Dip
Diverging Opinions in the Market
Not all analysts share BitQuant’s optimism. Trader Roman expressed skepticism, warning that Bitcoin could revisit sub-$100K territory if momentum fails to recover.
“My bet is this dump doesn’t find a decent area to bounce until $112K,” Roman posted. “A close below that could drag us down to $97K.”
His bearish outlook draws parallels to late 2021, when weak trading volume preceded Bitcoin’s last major peak.
Crypto liquidations (screenshot). Source: CoinGlass
Market Sentiment and Liquidations
As volatility continues, order-book liquidity and short squeezes remain key talking points among traders. According to CoinGlass, crypto markets saw $333 million in liquidations within the past 24 hours, highlighting heightened risk and aggressive positioning.
Meanwhile, analyst Rekt Capital noted that the latest dip successfully filled a CME futures gap, which could provide a technical foundation for Bitcoin’s next rebound.
Related: Bitcoin Mirrors 2024 Breakout Pattern: Could BTC Be Poised for a 50% Rally?
Conclusion: The Road Ahead for Bitcoin
With Bitcoin hovering around $115,000, traders face a classic tug-of-war between bullish forecasts and bearish warnings. BitQuant’s projection of $145,000 offers reassurance to long-term holders, while cautious analysts urge vigilance as liquidity and market volume show signs of weakness.
For investors, the coming weeks may prove decisive in confirming whether Bitcoin is consolidating for another leg up — or bracing for deeper corrections.
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