{"id":643649,"date":"2024-09-22T00:01:42","date_gmt":"2024-09-22T00:01:42","guid":{"rendered":"https:\/\/www.shenyangcang.com\/?p=643649"},"modified":"2024-09-21T12:26:36","modified_gmt":"2024-09-21T12:26:36","slug":"bitcoin-final-cycle-pump-puts-price-as-high-as-200000","status":"publish","type":"post","link":"https:\/\/www.shenyangcang.com\/news\/bitcoin-final-cycle-pump-puts-price-as-high-as-200000\/","title":{"rendered":"Bitcoin \u2018Final Cycle Pump\u2019 Puts Price As High As $200,000"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinist.com\/bitcoins-path-to-1-million-still-intact\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Bitcoin (BTC)<\/span><\/a><span style=\"font-weight: 400\"> could be gearing up its last explosive rally of a <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-4-year-cycles-are-over\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">four-year market cycle<\/span><\/a><span style=\"font-weight: 400\">, which traditionally kicks off at the beginning of a halving event and culminates just before the next one. A crypto analyst has boldly predicted that the price of Bitcoin could surge to $200,000 and above, marking<\/span><a href=\"https:\/\/www.shenyangcang.com\/news\/bitcoin\/bitcoin-all-time-high-60000\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\"> new All-Time Highs (ATHs)<\/span><\/a><span style=\"font-weight: 400\"> and the peak of the long-awaited bull market.\u00a0\u00a0\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.shenyangcang.com\/news\/institutional-whales-bet-big-on-bitcoin-as-btc-nears-64000\/\" target=\"_blank\" rel=\"noopener \">Institutional Whales Bet Big On Bitcoin As BTC Nears $64,000<\/a><\/div>\n<h2><b>Bitcoin Enters Final Pump Stage\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400\">On September 19, \u2018Stockmoney Lizards,\u2019 a crypto analyst took to X (formerly Twitter) to <\/span><a href=\"https:\/\/x.com\/stockmoneyl\/status\/40597600?s=46\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">discuss<\/span><\/a><span style=\"font-weight: 400\"> his new prediction about the crypto market, particularly zeroing in on the cyclical nature of <\/span><a href=\"https:\/\/www.shenyangcang.com\/analysis\/btc\/bitcoin-price-higher-65k\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">Bitcoin\u2019s price movements<\/span><\/a><span style=\"font-weight: 400\"> and its halving events.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The analyst believes the market is currently at the start of the \u201cfinal pump of the Bitcoin bull cycle.\u201d Based on <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-past-cycles-bull-market\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">historical trend patterns following past halving events<\/span><\/a><span style=\"font-weight: 400\">, Stockmoney Lizards has stated that he has high expectations that Bitcoin will reach its cycle top between September and October 2024. <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-bull-run-market-top\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Cycle top<\/span><\/a><span style=\"font-weight: 400\"> here typically means the highest price level BTC can achieve during a <\/span><a href=\"https:\/\/www.shenyangcang.com\/news\/crypto-analyst-bull-market-hinges-on-this-indicator-reaching-45\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">bull market<\/span><\/a><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Stockmoney Lizards has unveiled his personal <\/span><a href=\"https:\/\/www.shenyangcang.com\/news\/analyst-says-bitcoin-will-reach-68000-by-end-of-september-90000-in-december\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">price targets for Bitcoin<\/span><\/a><span style=\"font-weight: 400\"> during this seemingly last pump stage. He forecasts that the crypto could reach a price between $200,000 and $260,000, identifying these targets as the potential cycle top for this market cycle.\u00a0<\/span><\/p>\n<figure style=\"width: 1835px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/DRifcCqc\/\" width=\"1835\" height=\"883\"><figcaption class=\"wp-caption-text\">BTCUSD is now trading at $63,127. Chart: <a href=\"https:\/\/www.tradingview.com\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">Sharing a detailed chart depicting Bitcoin\u2019s historical price movements from 2016 till date, Stockmoney Lizards illuminated the bullish and bearish events following each halving event. He referenced the last three cycle tops during past halving events, identifying a unique trend pattern where the market experiences an extended bull run after the <\/span><a href=\"https:\/\/www.shenyangcang.com\/news\/fourth-bitcoin-halving-completed\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">Bitcoin halving<\/span><\/a><span style=\"font-weight: 400\">, roughly every 48 months.\u00a0<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-643651\" src=\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/a_adf2f4.png?resize=566%2C303\" alt=\"\" width=\"566\" height=\"303\" srcset=\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/a_adf2f4.png?w=566 566w, https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/a_adf2f4.png?w=460 460w\" sizes=\"(max-width: 566px) 100vw, 566px\"><\/p>\n<p><span style=\"font-weight: 400\">The analyst observed that this trend pattern is repeating in the <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-set-to-surge-to-new-all-time-high\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">current market cycle<\/span><\/a><span style=\"font-weight: 400\">, leading him to predict that Bitcoin\u2019s price will peak between $200,000 and $260,000. This dramatic increase represents a price surge of approximately 218% to 313% from <\/span><a href=\"https:\/\/www.shenyangcang.com\/bitcoin-news\/bitcoin-approaches-65000-is-now-the-perfect-time-to-buy\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">Bitcoin\u2019s current price<\/span><\/a><span style=\"font-weight: 400\"> of $63,000, as of writing.\u00a0<\/span><\/p>\n<h2><b>Bitcoin 200-Day SMA To Confirm Bull Market<\/b><\/h2>\n<p><span style=\"font-weight: 400\">While some would <\/span><a href=\"https:\/\/x.com\/rovercrc\/status\/54428592?s=46\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">argue<\/span><\/a><span style=\"font-weight: 400\"> that the Bitcoin bull market has already begun, others <\/span><a href=\"https:\/\/x.com\/thescalpingpro\/status\/75080646?s=46\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">believe<\/span><\/a><span style=\"font-weight: 400\"> that it is yet to arrive, potentially ushering in one of the biggest rallies in Bitcoin\u2019s history. According to reports from Ali Martinez, a prominent crypto analyst, the timing for the highly anticipated <\/span><a href=\"https:\/\/bitcoinist.com\/expert-claims-bitcoin-bull-run-has-started\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Bitcoin bull run<\/span><\/a><span style=\"font-weight: 400\"> may soon be confirmed, as Bitcoin is once again testing the 200-day Simple Moving Average (SMA).\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.shenyangcang.com\/news\/avalanche-avax-rallies-on-fed-rate-cut-defi-growth-boosts-long-term-outlook\/\" target=\"_blank\" rel=\"noopener \">Avalanche (AVAX) Rallies On Fed Rate Cut, DeFi Growth Boosts Long-Term Outlook<\/a><\/div>\n<p><span style=\"font-weight: 400\">Martinez <\/span><a href=\"https:\/\/x.com\/ali_charts\/status\/78606018?s=46\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">disclosed<\/span><\/a><span style=\"font-weight: 400\"> that historically failing to claim this critical support level has led to steep price corrections for Bitcoin. He pointed to similar <\/span><a href=\"https:\/\/www.shenyangcang.com\/analysis\/btc\/bitcoin-risk-57500\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">bearish trends<\/span><\/a><span style=\"font-weight: 400\"> observed in 2014, 2018 and 2020, when Bitcoin failed to reach this support.\u00a0<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-643652\" src=\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/a_fa4630.png?resize=595%2C367\" alt=\"\" width=\"595\" height=\"367\" srcset=\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/a_fa4630.png?w=595 595w, https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/a_fa4630.png?w=460 460w\" sizes=\"(max-width: 595px) 100vw, 595px\"><\/p>\n<p><span style=\"font-weight: 400\">As a result, the analyst has urged investors and market experts to pay close attention to <\/span><a href=\"https:\/\/www.shenyangcang.com\/bitcoin-news\/bitcoin-price-rally-faces-key-resistance-will-whale-shorts-trigger-a-market-pullback\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">Bitcoin\u2019s current market trends<\/span><\/a><span style=\"font-weight: 400\">, warning that a rejection at this point would spell trouble for the cryptocurrency.\u00a0<\/span><\/p>\n<p><em>Featured image from Pexels, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) could be gearing up its last explosive rally of a four-year market cycle, which traditionally kicks off at the beginning of a halving event and culminates just before the next one. A crypto analyst has boldly predicted that the price of Bitcoin could surge to $200,000 and above, marking new All-Time Highs (ATHs) and the peak of the long-awaited bull market.\u00a0\u00a0\u00a0 Related Reading: Institutional Whales Bet Big On Bitcoin As BTC Nears $64,000 Bitcoin Enters Final Pump Stage\u00a0 On September 19, \u2018Stockmoney Lizards,\u2019 a crypto analyst took to X (formerly Twitter) to discuss his new prediction about the crypto market, particularly zeroing in on the cyclical nature of Bitcoin\u2019s price movements and its halving events.\u00a0\u00a0 The analyst believes the market is currently at the start of the \u201cfinal pump of the Bitcoin bull cycle.\u201d Based on historical trend patterns following past halving events, Stockmoney Lizards has stated that he has high expectations that Bitcoin will reach its cycle top between September and October 2024. Cycle top here typically means the highest price level BTC can achieve during a bull market.\u00a0 Stockmoney Lizards has unveiled his personal price targets for Bitcoin during this seemingly last pump stage. He forecasts that the crypto could reach a price between $200,000 and $260,000, identifying these targets as the potential cycle top for this market cycle.\u00a0 Sharing a detailed chart depicting Bitcoin\u2019s historical price movements from 2016 till date, Stockmoney Lizards illuminated the bullish and bearish events following each halving event. He referenced the last three cycle tops during past halving events, identifying a unique trend pattern where the market experiences an extended bull run after the Bitcoin halving, roughly every 48 months.\u00a0 The analyst observed that this trend pattern is repeating in the current market cycle, leading him to predict that Bitcoin\u2019s price will peak between $200,000 and $260,000. This dramatic increase represents a price surge of approximately 218% to 313% from Bitcoin\u2019s current price of $63,000, as of writing.\u00a0 Bitcoin 200-Day SMA To Confirm Bull Market While some would argue that the Bitcoin bull market has already begun, others believe that it is yet to arrive, potentially ushering in one of the biggest rallies in Bitcoin\u2019s history. According to reports from Ali Martinez, a prominent crypto analyst, the timing for the highly anticipated Bitcoin bull run may soon be confirmed, as Bitcoin is once again testing the 200-day Simple Moving Average (SMA).\u00a0 Related Reading: Avalanche (AVAX) Rallies On Fed Rate Cut, DeFi Growth Boosts Long-Term Outlook Martinez disclosed that historically failing to claim this critical support level has led to steep price corrections for Bitcoin. He pointed to similar bearish trends observed in 2014, 2018 and 2020, when Bitcoin failed to reach this support.\u00a0 As a result, the analyst has urged investors and market experts to pay close attention to Bitcoin\u2019s current market trends, warning that a rejection at this point would spell trouble for the cryptocurrency.\u00a0 Featured image from Pexels, chart from TradingView<\/p>\n","protected":false},"author":594,"featured_media":643667,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119,1144,1558,4735,3505],"class_list":["post-643649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-btcusd","tag-cryptocurrency","tag-price-action","tag-price-analysis"],"acf":[],"yoast_head":"\n<title>Bitcoin \u2018Final Cycle Pump\u2019 Puts 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