Analysts Believe Bitcoin’s $300K Target Becoming Increasingly Possible

Several crypto analysts believe that Bitcoin’s bull market still has room to target the range of $150k-$300k. Analysts have also argued that the Bitcoin bull market has not even started yet, particularly when correlating its performance to gold.

Bitcoin suddenly dropped to $108,000 last week, a 13% drop from its all-time high earlier this year. This massive development sparked fears in the market, with concerns rising that Bitcoin might have already peaked.

Multiple analysts monitoring the current market conditions believe BTC is poised for a decisive push above the $112,000 to $114,000 zone, which could initiate a potential rally to $140,000.

Carl Moon, the CEO and founder of The Moon Group Investment LLC, posted on X on Monday that we are entering the biggest bull market ever. He also mentioned that the upcoming bull market will change everything.

Bitcoin Bull Market to Make a Comeback in October?

Even though Bitcoin could not follow gold to all-time highs during the month of September, analysts like Milk Road Macro argue that a major bull run is just around the corner. The analyst mentioned that Bitcoin failing to follow gold to all-time highs is not a huge concern, as BTC tends to follow gold three to four months down the line. However, in the current market condition, Bitcoin seems to be stuck, as the liquidity game is keeping the bulls away.

According to analysts, the correlation between gold and BTC clearly shows that BTC is ready for a last-minute spike through October/November. Milk Macro Road further explained that Bitcoin’s price patterns throughout this year show potential gains of 50% to 100% or $160,000 to $200,000.

Another analyst and CEO of 50TFunds, Dan Tapiero, mentioned in an X post on Monday that the bull market in Bitcoin has not started yet.

Round Up!

Exciting times are ahead for Bitcoin, as the market is well-poised for potential gains, as mentioned earlier. With Gold achieving an all-time high this month and analysts believing Bitcoin could follow suit in a few months, we could be up for something unprecedented during the last quarter of 2025.