After a turbulent weekend, Bitcoin is poised to rise again. Analysts expect it to retest its all-time high within a few days, despite the recent correction caused by geopolitical events.
Possible return to $125,000
Peter Brandt estimates that Bitcoin has the potential to retest the $125,000 mark as early as next week. At the same time, however, he warns of the risk of a short-term correction. According to him, there could be either a sharp washout followed by a new peak or an interruption in the growth parabola, which would mean a more significant decline—in extreme cases, down to $50,000.
Friday’s announcement by President Donald Trump of the introduction of a 100% tariff on Chinese goods triggered a widespread sell-off across the crypto market. Bitcoin fell from around $121,000 to $102,000 before recovering some of its losses. According to analyst Charles Edwards, this event was a reminder of the risks of trading with high leverage. He described the price movement as a short-term fluctuation, after which the market should stabilize.
Analysts remain optimistic
Despite a decline of more than seven percent, experts remain positive. They point to improving macroeconomic signals and the possibility that new capital will begin to flow into the cryptocurrency market. In their opinion, Bitcoin remains on track for further growth.
BitMEX co-founder Arthur Hayes points to the return of quantitative easing, which he sees as a buying opportunity. The expected rate cut by the US Federal Reserve could boost demand for riskier assets, including Bitcoin. Analyst Pav Hundal adds that the combination of cooling inflation and falling demand creates an ideal environment for long-term growth for the leading cryptocurrency.
