Can Bitcoin Reach $126,000 In June? What Analysts Are Saying

As the crypto market shows signs of consolidation, a recent analysis suggests that bitcoin could reach $126,000 by June 2025. Currently, BTC is trading at the lower end of its historical seasonal range, but several indicators suggest a strong comeback of the bullish market.

Bitcoin: a bullish cycle approaching?

In the crypto universe, history often repeats itself, and this time, it shows us that nearly 100% of bitcoin’s annual performance concentrates in just two months: April and October. This pattern, observed repeatedly, could indicate an explosive movement coming.

Moreover, periods during which BTC remains below its average bullish trend typically last four months, a threshold that was recently reached by surpassing the $85,000 mark. Following this trend, bitcoin could regain upward momentum as early as April, with a potential target of $126,000 by June 1, 2025, as indicated by the trendline shown in the technical analysis.

Technical Factors

The analysis is based on a bullish trendline represented below by red dashed lines, indicating that BTC has been following a consistent growth channel for several cycles. This type of technical model has historically worked well to anticipate major market movements.

Furthermore, the historical peak of bitcoin recorded in November 2021 at $69,000 now seems to be a key support level with a 95% chance of holding. If this suggested scenario materializes, BTC could exceed its previous record of $109,000 even before summer 2025, opening the door to a new phase of euphoria in the market.

The dangers that could break bitcoin

Despite this convincing bullish scenario, elements may hinder or invalidate this projection. The monetary policy of central banks, a potential decline in institutional interest, or geopolitical tensions could weigh on bitcoin. Additionally, some analysts believe that the current correction could prolong, invalidating the idea of an immediate rebound.

In addition to recent signals that indicate a BTC at $90,000 in the coming days, achieving a new ATH in June now seems entirely feasible. It remains to be seen whether investors will seize this opportunity or if headwinds will slow this upward trajectory. One thing is certain: bitcoin has not said its last word.