- Bitcoin could hit $162,000 soon, driven by accumulation, institutional moves, and bullish technical signals.
- Monthly RSI in overbought territory and U.S. debt ceiling hike signal a potential major Bitcoin rally ahead.
- Analysts say past trends and new U.S. policies create a “perfect storm” for Bitcoin’s next all-time high.
The next major bull run of Bitcoin could happen sooner than imagined. A combination of past trends, technical indicators, and new U.S. policies is coming into the spotlight, identified by crypto analysts. According to them, these conditions have the potential to drive Bitcoin to 162,000 dollars. The concept is taking shape with the increase in data and events. Others feel that this is a price target that is both realistic and probable in the near term.
According to a famous analyst, Crypto Patel, this ambitious prediction can be backed up by math. He mentions that Bitcoin remained silent during 2022-mid 2024. This period was characterized by pure accumulation in the market. The price was not moving much as investors were buying. That was the precursor to the next major step.
Source: X
Smart Money Sparks the Next Bitcoin Surge
Between June and November 2024 things became different. This is something that Patel refers to as a time of smart moves and manipulation. The market began to change. By January 2025, the institutional investors came into the picture. This investment by them boosted the BTC price to $107,000 . Patel notes that when institutions made a similar move previously, BTC achieved a 73% gain.
Also Read: Bitcoin’s Next Move: $300K in Sight as Whales Hold and NUPL Flashes Bullish
If the same trend holds, then BTC will be worth $162,000 in the near future. According to Patel, it is not a dream; it is just mathematics. He takes the view that the market is working to a familiar script. His opinion is confirmed by figures in previous cycles. This has got many investors keeping eyes on whether history will repeat itself.
RSI Flashes a Historic Signal
Moustache, another analyst, places emphasis on one of the main technical signals. He indicates to the Relative Strength Index (RSI) on the monthly chart of Bitcoin. The RSI once again is in the overbought region. This has occurred a number of times over the last 12 years. Both Bitcoin and other cryptocurrencies experienced robust rises both times.
Source: X
According to Moustache, the market is not bullish enough. According to him, there is a current signal that may result an additional upsurge. History indicates that both Bitcoin and altcoins might be beneficial. The RSI is currently under the radar of traders. They are optimistic about making a new round of profits.
The latest policy actions in the U.S. give additional fuel to the fire. The BIG BEAUTIFUL BILL has been signed by President Donald Trump and will expand the U.S. debt ceiling by $5 billion. Analysts point out that increased debt ceiling by a margin like this one was the last time BTC spiked by 167% in a year. This is a huge change of policy that might affect the market significantly.
Source: X
The mix of technical signals, institutional interest and policy changes is sparking enthusiasm. Others termed it a perfect storm to BTC . Although risks loom large investors feel that the probabilities are stacked in favor of another large rally. BTC lingers at all-time highs, and the market is anticipating the next step. Soon the dream of $162,000 can be turned into a reality.
Also Read: Dormant Bitcoin Whale Moves $1.09 Billion: Is a Major Sell-Off Ahead?