Bitcoin Price Following Analyst’s Prediction For Bullish Breakout, Here’s The Target

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español.

The Bitcoin price appears to be moving in lockstep with a bullish predictionmade by a crypto analyst earlier this month. According to the analyst’s forecast, Bitcoin is set to break out to a new all-time highabove $120,000 following the announcement of a temporary tariff pause by United States (US) President Donald Trump.  $120,000 Bitcoin Price Forecast In Motion

Kaduna, a crypto analyst on X (formerly Twitter), has releaseda follow-up analysis on his previous bullish prediction of Bitcoin, highlighting that it is playing out as expected. On April 11, the analyst predictedthat Bitcoin was preparing for a massive push above $120,000.  Related Reading Trump’s Tariff Pause Could Push Bitcoin Price Above $100,000, Pundit Reveals Exit Point 5 days ago

He outlined a thesis that the 90-day suspension of President Trump’s Tariffswould act as a powerful macroeconomic catalyst for Bitcoin. Kaduna argued that the market may start “frontrunning” about a month early, culminating in a mini bull marketduring a 55-day “exit window” between April 3 and June 3 2025. 

Accompanying this bullish analysis was a detailed chart comparing Bitcoin’s price movementsthrough candlesticks with a blue overlay, believed to represent a macroeconomic indicator such as global M2. The blue line in the chart projects a steady climb during this window, offering a clear visual target above $120,000. Kaduna had stated that if his prediction played out, he would exit most positions by the end of the window. 

Just days after his bullish forecast, Bitcoin has begun mirroring the projected path. Kaduna revealed in a follow-up candlestick chart that Bitcoin is breaking above the local resistance at $84,000 with strong volume support, aligning with the predicted overlay. This early strength suggests that the frontrunning behaviour the crypto expert projected earlier is now playing out in real time.  Source:Kaduna on X

The blue line suggests a potential move toward the $120,000 – $125,000 range over the next month and a half, setting a clear upside target if momentum continues. Bitcoin’s price actionis also unfolding right on cue within the 55-day window, validating the analyst’s bullish thesis.

Both the overlay and Bitcoin’s prices are trending upwards, signaling that the market is indeed reacting to the macroeconomic tariffcatalyst. If this trajectory holds, it would mark a significant validation of the analyst’s macro-technical analysis approach.  Update On The Bitcoin Price Action

Following its crash below $80,000, the Bitcoin price seems to be on a path to recovery. CoinMarketCap’s data reveals that Bitcoin is currently trading at $83,395, marking a significant 7.16% increase over the past week.  Related Reading Bitcoin Price Forms This Bullish Pennant On Daily Chart That Could Trigger Rise To $137,000 2 days ago

The cryptocurrency had brokenthe resistance level at $84,000 earlier this week. However, it retraced sold gains and is now trading at its present market value. Given its fluctuating price and unstable market, crypto analysts like Tony Severino have revealedthat he is neither bullish nor bearish on Bitcoin. Instead, he seems to be taking a wait-and-see approach, closely monitoring how the market responds to ongoing volatilitydriven by the US Trade warand tariff implementation. BTC trading at $83,865 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com