Bitcoin (BTC) Target, 2025 and 2026 Crypto Predictions Announced by the Famous Analyst This Month.

One of the market experts closely followed by investors has published his current price prediction. The view, based on one of the classic formations, promises very impressive gains for #BTC . The analyst, known by the pseudonym Cheds, mentions the cup-and-handle model in the weekly Bitcoin chart he shared on X and says that this formation has formed.

Cheds expects Bitcoin to rise to $300,000 in about two years, according to classical chart rules. This is a very ambitious estimate because as the unit price increases, the market value reaches more gigantic levels and for this, very serious corporate capital inflows are needed.

But there is a problem here. The formation target focusing on 2026 should not be realized according to historical data. Analyst Cheds also emphasizes that the price target and timeline go against two widely held views on Bitcoin's market cycles. The first problem is that the four-year cycle is expected to end in 2025, based on historical data. The second detail is that in each cycle, #BTC earnings decrease in percentage terms against the growing price.

Cheds is also hopeful about the short-term outlook as Bitcoin reclaims $61,500. While the article was being prepared, BTC, which found buyers at $63,675, dropped below $59,000 on May 1 This key area that we always point out has been strongly protected by the bulls and we have not seen long-term closes below it. BTC set a bottom at $56,552.

“On the four-hour chart, BTC is creating a good volume cluster… Once it broke $61,500, things started to get interesting.”

The analyst thinks that after a short-term fake decline, the BTC price may increase further depending on its reaction to the resistance at $63,500. BTC continues to close above this key area for now.