A widely followed analyst is leaning bullish on Bitcoin (BTC) amid the flagship’s rally of close to 50% over the past 30 days.
The analyst pseudonymously known as Pentoshi tells his 821,000 followers on the social media platform X that Bitcoin could go up by around 82% from the current level.
[adinserter block="1"]But the analyst notes that his anticipated price increase is just one stop in Bitcoin’s path to seven figures.
“Eventually one day over $1 million. If you zoom out and think bigger. Hard to do when we live day to day at times.
$180,000 still in 2026 at the latest in my opinion.
Eventually higher than we all imagined.”
According to the pseudonymous analyst, Bitcoin currently appears massively bullish on the monthly time frame.
“Everything starts on the lower time frames, and then leads to the larger time frames.
Absolutely unreal to look at.
The first higher low, into the first higher high, from one-hour time frame, to four-hour, to daily and weekly. We always have to pay attention to those shifts and be able to change bias quickly.
This is just wild.”
Turning to the broader crypto market, the widely followed analyst says that digital assets have entered a parabolic phase.
“I believe we are entering a period where you will have a chance to make the most over the next few months. The parabolic advances have clearly begun. And hopefully, we get many months of good times.
However, they are not long-term sustainable.”
Bitcoin is trading at $98,808 at time of writing.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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