Bitcoin Expected to Surpass $150K According to Analysts

In April, Bitcoin’s price went through some ups and downs. The market got shaky for a while when President Trump announced tariffs, but Bitcoin still managed to jump over 13% this month. It’s now sitting above $94,000, with some analysts thinking it could climb as high as $150,000.

Pi Cycle Indicator Signals Strong Uptrend

The Pi Cycle Top Indicator is known for spotting Bitcoin’s market highs. On April 27, well-known analyst Ali Martinez shared his thoughts on this tool, which compares the 111-day moving average (MA) to twice the 350-day MA. He suggested Bitcoin could rise to around $155,400 if it stays above $91,400.

That $91,400 level isn’t random — it’s an important support point. If Bitcoin holds above it, the chances are good for more gains. But if it falls below, a pullback might happen. Usually, when these averages come close, it signals a market top, but staying above $91,400 could mean the uptrend continues.

Martinez also pointed out the Accumulation Trend Score is close to 1, showing that long-term holders, especially institutions, are buying more. Since late January, nearly 100 new big players, each holding at least 1,000 BTC, have joined in. This is a strong sign of confidence in Bitcoin’s future.

At the same time, regular investors are jumping in, driven by FOMO (fear of missing out), which adds momentum. Plus, easing US-China trade tensions has helped reduce market uncertainty. So, the market looks ready to move up, but only if Bitcoin keeps that key support level.

Key Drivers Behind the $150K Forecast

The Pi Cycle Indicator shows Bitcoin’s technical momentum, but other experts say bigger economic factors are just as important. Crypto analyst Ted Pillows recently connected Bitcoin’s possible rise to an increase in the global M2 money supply, which is the total cash and liquid assets circulating around the world.

In the past, Bitcoin’s price has often moved along with changes in global money supply, so M2 is a useful way to predict rallies. Pillows also explained some confusion about India’s recent M2 numbers, saying a reported drop was just a “technical glitch.” Even if M2 stays steady instead of growing quickly, he believes Bitcoin’s strong fundamentals and technical signals make breaking $150,000 likely.

Adding to this, trading expert TradingShot assumes Bitcoin could hit $140,000 by August. His prediction is based on technical data and past price cycles — patterns many experienced traders watch closely.

Data from Santiment also supports this positive view. Between April 19 and 26, more than 40,000 BTC were withdrawn from centralized exchanges, meaning investors are transferring their coins to cold storage. This usually shows confidence and a plan to hold long-term instead of selling. In the past, such big withdrawals reduced selling pressure and helped push prices up.

Technical Data Supports Bitcoin’s Rise

Bitcoin’s outlook looks positive right now. At the time of writing, BTC is trading around $94,816, up about 0.6% for the day and more than 8.4% over the past week. Trading volume also rose nearly 20% to about $21 billion, showing more activity in the market.

The Relative Strength Index (RSI) is near 68.65, getting close to the overbought level. This means the current price rise might continue a bit longer, but a small pullback could happen soon. Still, the overall trend is strong. Bitcoin’s price is well above important moving averages — the 50-day and 200-day Simple Moving Averages (SMAs).

The 200-day SMA, around $86,241, is acting as solid support and helping keep the price moving up. While some caution is warranted given the overbought signals, the combination of volume, momentum, and price positioning points to sustained strength.

Signals for BTC Rally

Bitcoin’s path to $150,000 is based on a mix of technical charts, blockchain data, and bigger economic trends. Holding the $91,400 price level is very important, with the Pi Cycle Top Indicator pointing to this as a key level for moving higher. Simultaneously, growing institutional accumulation, increased global liquidity, and robust technical support bolster the case for a strong rally.

Still, price swings are common in crypto, so investors should stay alert and balance hope with caution. Ultimately, Bitcoin holding strong despite April’s swings hints that a major rally might be coming soon.