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Bitcoin Poised for Explosive Growth: Analyst Predicts $150K All-Time High in Current Cycle

Veteran trader Bob Loukas predicts Bitcoin could soar to $150K in this cycle, as historical patterns and growing institutional interest signal a bullish trend.

Bitcoin is consolidating below its 2021 all-time high of $69,000, but market analysts, including veteran trader Bob Loukas, believe that Bitcoin is entering a key phase in its four-year cycle that could lead to an explosive price surge. Loukas predicts a new all-time high of $150K as Bitcoin follows a “perfect script,” fueled by institutional interest, rate cuts, and market sentiment shifts.


Golden Bitcoin coin with a futuristic backdrop, representing an optimistic price surge prediction.
Bitcoin’s four-year cycle is nearing an explosive phase, with predictions of a $150K all-time high.

Key Points:


  1. Bitcoin’s Four-Year Cycle: Loukas identifies that Bitcoin is about to enter its historically explosive third year in the four-year cycle, with a potential parabolic uptrend on the horizon.

  2. Historical Patterns Support Growth: Bitcoin’s current accumulation phase and the eight-month base it has built suggest a breakout is imminent, according to Loukas. His analysis points to similarities in past cycles when Bitcoin hit new peaks.

  3. Institutional Interest Increasing: Growing demand from institutional investors and the potential approval of more spot Bitcoin ETFs are key drivers of this bullish momentum.

  4. Geopolitical and Economic Factors: Despite global economic uncertainty and geopolitical tensions, Bitcoin continues to attract investors seeking refuge from traditional markets.

  5. FOMO and Bull Run in Q4: As institutional interest grows and fear of missing out (FOMO) kicks in, Bitcoin is likely to see a significant bounce in Q4 2024, paving the way for the expected bull run.



As Bitcoin consolidates under $69,000, the conditions for a breakout toward an all-time high of $150K are aligning. With institutional demand rising and historical patterns suggesting an imminent uptrend, the market appears to be following a "perfect script." Investors may witness an explosive Q4 that sets the stage for Bitcoin’s next major cycle.


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