Bitcoin’s Path to a New All-Time High: Strategist Predicts $126,000 by April

A well-known crypto strategist who has a history of making accurate Bitcoin predictions is confident that BTC will hit a new all-time high in the coming months.

Credible Crypto believes that Bitcoin is currently trading within a broad range between $110,000 and $88,000. While he expects this period of consolidation to resolve in Bitcoin’s favor, he forecasts a drop into the low $80,000 range first, to shake out weaker traders before a potential parabolic rally.

He explains that it would be ideal for this multi-month consolidation to end with a clear base, setting the stage for the next major price surge. According to his analysis, the focus is on two ranges—one short-term (blue) and one long-term (black).

While it’s uncertain whether Bitcoin will first revisit the highs of the short-term range, he suggests that a deviation below the long-term range lows could trigger a reversal, leading to a sharp rally. Credible Crypto’s chart analysis shows that after this expected correction, Bitcoin could soar to a new all-time high of $126,000 by April.

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However, he also pointed out that if Bitcoin decisively breaks the $110,000 resistance level, it could invalidate his bearish short-term outlook. He further explained that this consolidation phase is crucial, as it helps to create a strong foundation for the anticipated surge.

He encouraged investors to remain patient during these periods of price corrections, as they often precede significant market moves. For long-term holders, this could present an opportunity to buy at lower prices before Bitcoin eventually rallies past its previous all-time high.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.