Bitcoin Surges to New Heights, Analysts Predict Further Gains
Bitcoin (BTC) recently stole the spotlight with a surprising U-turn from its 30-day low of $74k to $95k in just 24 hours. Since then, the asset has successfully held its position above $94k, printing 0.15% gains on its daily chart and 7.5% gains on its weekly chart. According to our market data, Bitcoin’s ongoing trend is largely supported by its trading volume, which has recorded a staggering 50% surge in the last 24 hours.
Commenting on this, a popular analyst known as Ali Martinez has disclosed that Bitcoin could continue this momentum to breach its all-time-high price at $109.1k and proceed to touch $155k. However, there is a price to pay. According to Martinez, Bitcoin would first have to prove resilient, overpower available and upcoming headwinds, and strongly hold above the $91,400 level to reach this point.
Fascinatingly, Martinez was not just speaking out some empty words. Our research shows that his prediction was based on the signals of the Pi Cycle Top Indicator. This is mainly used to “track 111-day moving average (MA) against twice the 350-day moving average” to ascertain major peaks in the market.
More Analysts Join the Bitcoin (BTC) Conversation
Adding to this, another analyst identified as Ted Pillows has also predicted that Bitcoin could make an explosive surge to $150k. According to him, the Money Supply (M2) has currently reached an all-time high and could trigger an impressive surge for Bitcoin.
Truly, the global M2 supply remained at an all-time high for three days in a row in mid-April and is still hovering around the top, as discussed earlier. Prior to that, global M2 supply was “sitting” around $108.4 trillion at the beginning of April, as also indicated in our previous report.
Federal Reserve source confirms that M2 supply in the US has averaged 5492.11 USD Billion ($5.492.11 trillion) from 1959 to 2025. In March 2025, it reached a new all-time high of 21762.50 USD Billion ($21.7625 trillion). India’s M2 supply has equally reached an interesting level, with Pillows clarifying that a circulating image representing a drop was due to a technical glitch.
Source: Ted Pillows
Even if these images are genuine, he believes that Bitcoin could still surge past $150k.
There’s a 90% chance we break the high of $104,000 before we ever break below $68,000.
In a different report, the co-founder of Market Rebellion, Jon Najarian, predicted that Bitcoin could hit $125,000. Per his observation, this could be seen in November with the expectation that the US interest rate would reduce in the second half of the year.
For Crypto analyst Sam Price, the asset could reach $152k in the next four months. Meanwhile, Network Economist Peter Schiff has predicted that the asset could hit $126k by June 1. As previously detailed in our news coverage, analyst Tom Lee believes that Bitcoin could reach $250k, with VanEck also tipping it for $180k.