{"id":57087,"date":"2025-08-04T04:04:01","date_gmt":"2025-08-04T04:04:01","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-price-dip-seen-as-perfect-bottom-by-analyst-technicals-target-148k\/"},"modified":"2025-08-04T04:04:01","modified_gmt":"2025-08-04T04:04:01","slug":"bitcoin-price-dip-seen-as-perfect-bottom-by-analyst-technicals-target-148k","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-price-dip-seen-as-perfect-bottom-by-analyst-technicals-target-148k\/","title":{"rendered":"Bitcoin price dip seen as &#8216;perfect bottom&#8217; by analyst; technicals target $148K"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/image51-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/image51-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/image51-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/image51-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Bitcoin has dropped 7.5% since its recent all-time high of ~$123,250, but analysts see this as a potential \u201cperfect bottom.\u201d<\/li>\n<li>BTC has successfully retested its 50-day EMA, a support level that preceded a 25% rebound in June.<\/li>\n<li>A classic inverted head-and-shoulders (IH&amp;S) technical pattern now targets a price of $148,250.<\/li>\n<\/ul>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Bitcoin has pulled back by 7.50% in the three weeks since it established a new record high of around $123,250. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">However, far from signaling the end of the bull run, some analysts believe this recent dip may be the final \u201cshakeout\u201d before a significant breakout, with technical patterns now pointing towards a potential rally to nearly $150,000.<\/span><\/p>\n<div class=\"ad-banner  container  pt-1  px-0  mb-6\" data-partner=\"bitcoinpenguin\">\n        <a href=\"https:\/\/bitcoinpenguins.io\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img decoding=\"async\" class=\"p-0  m-0\" src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/bitcoinpenguin\/en.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">On Sunday, Bitcoin successfully reclaimed its 50-day exponential moving average (50-day EMA) as a key support level, after briefly dipping below it a day earlier. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">This particular moving average has historically served as a reliable launchpad for initiating fresh rallies in Bitcoin\u2019s price. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">A similar scenario played out in June, for instance, when a brief drop below this very same wave of support preceded a sharp 25% rebound in the cryptocurrency\u2019s value.<\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Now, it appears that Bitcoin may be repeating this same technical setup. Analyst \u201cBitBull\u201d suggests that the cryptocurrency could be poised for a June-like rally in the coming days. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">He argues that even if the price were to drop further into the 110,000-112,000<\/span><span class=\"ng-star-inserted\">\u00a0range, it would effectively establish a \u201cperfect bottom\u201d for Bitcoin, potentially setting the stage for the next significant move higher.<\/span><\/p>\n<h2 class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">A classic breakout pattern targets $148,000<\/span><\/h2>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The importance of the 50-day EMA as a support level is further reinforced by its alignment with the \u201cneckline\u201d of Bitcoin\u2019s prevailing inverted head-and-shoulders (IH&amp;S) pattern. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">This classic technical analysis pattern is often seen as a strong indicator of a bullish reversal.<\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">After initially breaking above this neckline, Bitcoin\u2019s price has now pulled back to retest it\u2014a typical post-breakout move. The fact that the price has bounced off this retested level reinforces the validity of the bullish reversal setup. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">This successful neckline retest now signals that Bitcoin may be entering the continuation phase of its breakout. According to the technicals of the IH&amp;S pattern, the price is now targeting a move toward the $148,250 level. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">This is remarkably close to the widely anticipated $150,000 upside target that many analysts have forecasted for Bitcoin in 2025, with many expecting it to happen around October.<\/span><\/p>\n<h2 class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Whale watching: on-chain data signals a \u2018cyclical cooling phase\u2019<\/span><\/h2>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">On-chain data provides further evidence that Bitcoin\u2019s ongoing price dip may be a precursor to another major breakout. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">According to data from CryptoQuant, the Bitcoin market has experienced three major waves of profit-taking by large \u201cwhale\u201d investors during the 2023\u20132025 bull market.<\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The first of these waves followed the landmark launch of U.S. spot ETFs in March 2024. The second occurred after Bitcoin broke the $100,000 mark following the Trump election in late 2024. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The third, and most recent, wave took place in July 2025, after a breakout over $120,000 triggered a massive 80,000 BTC sell-off by a long-time \u201cold whale\u201d investor.<\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">In a report published on Friday, CryptoQuant analysts noted that each of these waves of profit-taking was followed by a period of price consolidation or a moderate correction, typically lasting between two to four months. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">\u201cThese cooling phases have historically set the stage for renewed accumulation and a subsequent breakout to new all-time highs,\u201d they wrote. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The analysts concluded, \u201cThe data provides compelling evidence that the market is undergoing another cyclical cooling phase, consistent with prior waves that preceded periods of consolidation and later breakouts to higher prices.\u201d <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">This suggests that the current dip is not an end to the bull market, but rather a healthy and necessary part of its cycle.<\/span><\/p>\n<hr class=\"ng-star-inserted\"\/>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-price-dip-seen-as-perfect-bottom-by-analyst-technicals-target-148k\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Bitcoin has dropped 7.5% since its recent all-time high of ~$123,250, but analysts see this as a potential \u201cperfect bottom.\u201d BTC has successfully retested its 50-day EMA, a support level that preceded a 25% rebound in June. A classic inverted head-and-shoulders [&hellip;]<\/p>\n","protected":false},"author":3947362378,"featured_media":57088,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/57087"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362378"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=57087"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/57087\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/57088"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=57087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=57087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=57087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}