{"id":386046,"date":"2025-03-31T15:59:43","date_gmt":"2025-03-31T10:29:43","guid":{"rendered":"https:\/\/dripp.zone\/news\/top-trader-flips-his-bearish-bitcoin-price-forecast-to-bullish-expects-btc-to-explode-to-101k-crypto-news\/"},"modified":"2025-03-31T16:03:51","modified_gmt":"2025-03-31T10:33:51","slug":"top-trader-flips-his-bearish-bitcoin-price-forecast-to-bullish-expects-btc-to-explode-to-101k-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/top-trader-flips-his-bearish-bitcoin-price-forecast-to-bullish-expects-btc-to-explode-to-101k-crypto-news\/","title":{"rendered":"Top Trader Flips His Bearish Bitcoin Price Forecast to Bullish, Expects BTC to Explode to $101K &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Top crypto analyst and trader Peter Brandt has flipped bullish on Bitcoin after identifying a bullish reversal pattern on the BTC chart. The analyst is optimistic that Bitcoin price might flip the $100,000 psychological level and explode to $101,000.\u00a0<\/span><\/p>\n<h2><strong>Peter Brandt Flips His Bearish Bitcoin Price Forecast to Bullish<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Bitcoin price today trades at $82,100 with a 1.5% decline in 24 hours and a daily low of $81,362. The downtrend comes amid a massive <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/bitcoin-price-whats-next-as-btc-nasdaq-and-sp-500-approach-death-cross\/\"><span style=\"font-weight: 400;\">capital outflow from risk assets<\/span><\/a><span style=\"font-weight: 400;\"> after President Trump noted that the reciprocal tariff push would apply to all countries.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, despite the bearish headwinds, Peter Brandt has opined that the BTC price might be on the verge of a trend reversal. In his analysis, Brandt identified a head and shoulders pattern that hints towards an uptrend.\u00a0<\/span><\/p>\n<figure id=\"attachment_246726\" aria-describedby=\"caption-attachment-246726\" style=\"width: 1177px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-246726\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-31-130041.jpg\" alt=\"Top Trader Flips His Bearish Bitcoin Price Forecast to Bullish, Expects BTC to Explode to $101K\" width=\"1177\" height=\"661\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-31-130041.jpg 1177w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-31-130041-300x168.jpg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-31-130041-768x431.jpg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-31-130041-678x381.jpg 678w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-31-130041-150x84.jpg 150w\" sizes=\"auto, (max-width: 1177px) 100vw, 1177px\"\/><\/noscript><figcaption id=\"caption-attachment-246726\" class=\"wp-caption-text\">Bitcoin Price Chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Nevertheless, Brandt remained skeptical about the reliability of the pattern due to the sloping necklines. He stated that an inverse head and shoulders pattern with a horizontal neckline was \u201cfar more reliable.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While responding to Brandt\u2019s analysis on X, Nat Robbins shared an even higher price target noting that <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/natrobbins8\/status\/1906393091403096281\"><span style=\"font-weight: 400;\">Bitcoin will reach $135,000<\/span><\/a><span style=\"font-weight: 400;\">. He said,\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cI think this is just a retest of the neckline of the largest inverse H&#038;S pattern. The target is still $135,000. I see no reason why this latest and largest one won\u2019t meet its target.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite the bullish forecast, several signs indicate that the Bitcoin bull run might be over.\u00a0<\/span><\/p>\n<h2><strong>On-chain Data Shows Mixed Signals on Bitcoin\u00a0<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">On-chain data makes a bearish case for Bitcoin price and indicates that there is a risk for more downside. Data from CryptoQuant shows that the 30-day Market Value to Realized Value (MVRV) has formed a death cross after crossing below the 365-day MVRV.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Per analyst Yonsei, this crossover suggests that the short-term momentum has weakened, increasing the risk of the downward pressure. More importantly, the analyst noted that there was no sign that the bottom was in yet, further highlighting a bearish <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/price-predictions\/bitcoin-btc-price-prediction\/\"><span style=\"font-weight: 400;\">Bitcoin price prediction<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<figure id=\"attachment_246725\" aria-describedby=\"caption-attachment-246725\" style=\"width: 1800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-246725\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Top Trader Flips His Bearish Bitcoin Price Forecast to Bullish, Expects BTC to Explode to $101K\" width=\"1800\" height=\"729\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-mvrv.jpg 1800w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-mvrv-300x122.jpg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-mvrv-1224x496.jpg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-mvrv-768x311.jpg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-mvrv-1536x622.jpg 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-mvrv-150x61.jpg 150w\" data-lazy-sizes=\"(max-width: 1800px) 100vw, 1800px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-mvrv.jpg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-246725\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-mvrv.jpg\" alt=\"Top Trader Flips His Bearish Bitcoin Price Forecast to Bullish, Expects BTC to Explode to $101K\" width=\"1800\" height=\"729\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-mvrv.jpg 1800w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-mvrv-300x122.jpg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-mvrv-1224x496.jpg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-mvrv-768x311.jpg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-mvrv-1536x622.jpg 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/btc-mvrv-150x61.jpg 150w\" sizes=\"auto, (max-width: 1800px) 100vw, 1800px\"\/><\/noscript><figcaption id=\"caption-attachment-246725\" class=\"wp-caption-text\">BTC MVRV Ratio<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">However, despite the MVRV showing a heightened risk of further downward pressure on the price of Bitcoin, exchange supply data indicates that some traders are moving their Bitcoin from exchanges, which leans towards accumulation.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Popular analyst Ali Charts noted that in the last week, more than <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/ali_charts\/status\/1906535167910347243\"><span style=\"font-weight: 400;\">30,000 BTC has left exchanges<\/span><\/a><span style=\"font-weight: 400;\">. This hints that the recent dip may have pushed Bitcoin to an accumulation zone.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As analyst predictions and on-chain data show a mixed market sentiment, BTC traders should watch out for the price defending the $80,000 support level. If Bitcoin manages to hold above this zone, it could fulfill the bullish price forecast. Conversely, if <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/bitcoin-price-risk-drop-below-80k-as-trump-threatens-tariffs-on-russia\/\"><span style=\"font-weight: 400;\">BTC drops below $80,000<\/span><\/a><span style=\"font-weight: 400;\">, it might cause more panic selling.\u00a0<\/span><\/p>\n<section class=\"accordion-content mt-4\" id=\"faq\">\n<h2 class=\"mb-4 h3 fw7\">Frequently Asked Questions (FAQs)<\/h2>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tAnalyst Peter Brandt believes that BTC price might gain to $101,000 after forming an inverse head and shoulders pattern. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tOn-chain data shows mixed sentiment towards BTC price. The MVRV hints at further downside risk while exchange data show traders are accumulating. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tBitcoin price might plunge below $80,000 amid macro-economic fears and a lack of strong demand to support an uptrend. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p>                                <!-- \n\n<div class=\"desktopPostEnd d-on\"><\/div>\n\n --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/top-trader-flips-his-bearish-bitcoin-price-forecast-to-bullish-expects-btc-to-explode-to-101k\/\" target=\"_blank\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/markets\/top-trader-flips-his-bearish-bitcoin-price-forecast-to-bullish-expects-btc-to-explode-to-101k\/\" target=\"_blank\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"authorBoxnew newauthordesign\">\n<div class=\"author_Ndata d-flex align-items-center mb-2\">\n<div class=\"author_Image\">\n                                           <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/6efc8974f41600ded0ff3e8b454dc03b?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/6efc8974f41600ded0ff3e8b454dc03b?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/6efc8974f41600ded0ff3e8b454dc03b?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/6efc8974f41600ded0ff3e8b454dc03b?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                  <\/div>\n<p>muthoni  <\/p>\n<\/p><\/div>\n<p>Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience dissecting blockchain trends, price movements, and market dynamics. With a sharp eye for technical analysis and an in-depth understanding of on-chain metrics, she delivers insightful, data-driven content that helps investors navigate the fast-paced world of digital assets.                     <\/p>\n<\/p><\/div>\n<p>Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Top crypto analyst and trader Peter Brandt has flipped bullish on Bitcoin after identifying a bullish reversal pattern on the BTC chart. The analyst is optimistic that Bitcoin price might flip the $100,000 psychological level and explode to $101,000.\u00a0 Peter Brandt Flips His Bearish Bitcoin Price Forecast to Bullish Bitcoin price today trades at $82,100 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":386049,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-386046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/386046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=386046"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/386046\/revisions"}],"predecessor-version":[{"id":386050,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/386046\/revisions\/386050"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/386049"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=386046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=386046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=386046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}