Analyst Predicts Bitcoin Price Is Going To $200,000, Reveals When To Buy

Mitrade
coverImg
Source: DepositPhotos

Bitcoin is back in a place where bold upside calls are starting to circulate again, and while short-term sentiment is still mixed, one analyst believes the cryptocurrency is setting up for a powerful move that sends the price action all the way to $200,000. The call is built around a long-term cycle structure on the monthly candlestick timeframe chart that treats Bitcoin’s recent price action as part of a larger repeating pattern.

The Monthly Chart Case For $200,000

The chart Bitcoin Teddy shared is a monthly Bitcoin chart that maps out three major cycle phases using large green expansion boxes and blue-circled buy zones. These buy zones are situated around a curved support line that connects previous lows.

The first buy zone appeared in 2019, ahead of the move that eventually carried Bitcoin above $69,000. The second buy zone was in late 2022, just before the rally that eventually pushed Bitcoin’s price action to $126,000 in October 2025. The third is the current setup, labeled as a 2026 buy zone near the long-term curved support line, with the projected next peak sitting at $200,000.

Bitcoin

Each rally is gradually shrinking in percentage terms. The move from 2019 to 2021’s peak was over 2,000%. The move from 2022 to the current peak was over 700%. The expected move from the current accumulation zone to $200,000 is around 233%.

When The Chart Says To Buy

The “when to buy” part of the forecast is just as important as the $200,000 target itself. Bitcoin Teddy’s chart points to the current region, which is the zone between the long-term curve and the lower part of the latest green box, as the preferred entry window. That area sits around the $60,000s up into the $70,000s, with the blue circle placed close to the latest corrective low in February.

Bitcoin has since rebounded from that February low, and the broader market has started to stabilize, with Spot ETF inflows returning to more consistent levels. Despite that recovery, price action has not fully broken away from the highlighted accumulation band. It is still within the same broader zone identified on the chart, meaning the setup to the $200,000 projection is still technically in place.

At the time of writing, Bitcoin is trading at $77,880. Therefore, the path from current levels to $200,000 would require approximately a 156% gain from around $77,000, a move that several institutional analysts believe is achievable within the current cycle window. 

Goldman Sachs filed for its first Bitcoin ETF product shortly after Morgan Stanley launched its own spot Bitcoin ETF, showing that large financial firms are still pushing deeper into Bitcoin-linked products.

Bitcoin

mitrade Don't Miss Today's Market    Moves Start trading Forex, Gold & Crypto today    Regulated platform | Fast withdrawals


* The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

goTop
quote
Related Articles
placeholder
Bitcoin Bulls Rebuild As Futures Metric Hits 4-Month HighBitcoin’s derivatives market is showing signs of a fresh bullish rebuild, according to a new morning brief from on-chain analyst Axel Adler Jr., who said a rising Bitcoin Positioning Index
Author  NewsBTC
1 hour ago
Bitcoin’s derivatives market is showing signs of a fresh bullish rebuild, according to a new morning brief from on-chain analyst Axel Adler Jr., who said a rising Bitcoin Positioning Index
placeholder
BlackRock Bitcoin ETF Holdings Hit Record 806,700 BTC Worth $63.7 BillionBlackRock’s iShares Bitcoin Trust (IBIT) has accumulated 806,700 Bitcoin (BTC) worth approximately $63.7 billion. The total marks a new all-time high for the world’s largest spot BlackRock Bitcoin ETF
Author  Beincrypto
1 hour ago
BlackRock’s iShares Bitcoin Trust (IBIT) has accumulated 806,700 Bitcoin (BTC) worth approximately $63.7 billion. The total marks a new all-time high for the world’s largest spot BlackRock Bitcoin ETF
placeholder
MicroStrategy Reports Massive Bitcoin Gain and Yield in AprilMicroStrategy reported a 6.2% BTC yield and a gain of 47,079 Bitcoin gain in the first three weeks of April. The Bitcoin (BTC) treasury company, led by Michael Saylor, said the gain is worth approxima
Author  Beincrypto
Yesterday 02: 06
MicroStrategy reported a 6.2% BTC yield and a gain of 47,079 Bitcoin gain in the first three weeks of April. The Bitcoin (BTC) treasury company, led by Michael Saylor, said the gain is worth approxima
placeholder
Analyst Predicts the Best Bitcoin Short Setup in a YearBitcoin (BTC) is trading near $75,400 after rejecting $78,000 earlier this week. Price sits on the upper rail of an ascending parallel channel that has held for 75 days.The setup places Bitcoin at a p
Author  Beincrypto
Yesterday 02: 05
Bitcoin (BTC) is trading near $75,400 after rejecting $78,000 earlier this week. Price sits on the upper rail of an ascending parallel channel that has held for 75 days.The setup places Bitcoin at a p
placeholder
Bitcoin Price Eyes Fresh Upside, Traders Watch For Breakout MoveBitcoin price started a recovery wave from the $73,650 zone. BTC is consolidating and might struggle to clear the $76,500 resistance zone. Bitcoin managed to form a base above $74,000 and started a
Author  NewsBTC
Apr 21, Tue
Bitcoin price started a recovery wave from the $73,650 zone. BTC is consolidating and might struggle to clear the $76,500 resistance zone. Bitcoin managed to form a base above $74,000 and started a
Live Quotes
Name / SymbolChart% Change / Price
BTCUSD
BTCUSD
0.00%0.00

BTC Related Articles

  • What Is CFD Trading: How to Trade Bitcoin CFD Contracts on Mitrade?
  • Where to Buy Bitcoin in Australia: 7 Best Platforms for Aussies in 2026
  • Best Site to Buy Bitcoin in Australia (2026): 6 Trusted Platforms, Fees & How to Get Started
  • Gold vs Bitcoin: Which Safe-Haven Asset Is Better for Australian Investors in 2026?
  • How to Buy Bitcoin in Australia in Just 3 Minutes

Click to view more