- hale Guru’s analysis identifies a maturing descending triangle on the weekly timeframe, with a decisive breakout potentially catapulting BTC to $126,000.
- The $300,000 projection is rooted in historical post-halving behavior, specifically following the 52% “shakeout” correction that mirrored the 2022 bear market floor.
- If the technical setup validates, Bitcoin faces a parabolic 150% expansion from its initial breakout level, redefining the digital asset landscape by late 2026.
The prominent crypto analyst Whale Guru shared a compelling Bitcoin price chart projecting a monumental surge to $300,000 by the end of 2026. The visual, which maps BTC’s price action from 2021 lows around $17,000 through current levels, highlights key technical formations that could signal the next bull phase.
Descending Triangles and Breakouts: The Roadmap to $126,000
The chart depicts Bitcoin’s journey post-2022 bear market, where it bottomed at approximately $17,000 after a brutal 52% drop from previous highs. From there, it climbed to $69,000 in a familiar pump, only to enter a consolidation phase forming a descending triangle pattern. According to Whale Guru, a breakout from this triangle could propel BTC to an initial target of $126,000, representing a significant upside from current prices hovering in the mid-$60,000 range. Following this, the projection anticipates a parabolic 150% increase, culminating at $300,000—echoing the explosive gains seen in prior halving cycles.
This prediction aligns with Bitcoin’s historical behavior, where post-halving periods often see extended bull runs driven by reduced supply and growing institutional adoption. The 2024 halving, which cut mining rewards in half, set the stage for such momentum, and with global economic factors like inflation hedging and ETF inflows, the groundwork appears solid. However, the chart isn’t without risks; volatile wicks and potential retests of support levels could trigger sharp corrections, as seen in past cycles.
Community Sentiment: Bullish Conviction vs. Skeptical Caution
Reactions to the post have been mixed. Enthusiasts like Jesse Olson referenced their own preparations, while skeptics, including Bitcoin Stacker, reminded followers that “anyone can put candles on a chart—stay humble and stack sats.” Others, such as Leonardo Kelly, emphasized the importance of risk management over headline-grabbing targets, noting that charts map probabilities, not certainties.
Bitcoin navigates this potential setup, investors should consider macroeconomic influences, including regulatory shifts and geopolitical events. If the pattern holds, $300K could redefine the crypto landscape, but patience and diversification remain key. Whether this forecast materializes or not, it underscores Bitcoin’s enduring allure as the king of digital assets.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
