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Cryptocurrency News Articles

Bitcoin (BTC) Set to Double by Early 2026, Say Top Analysts

May 26, 2025 at 12:16 pm

Bitcoin may be on the verge of a powerful move, according to two prominent voices in the crypto space—Fred Krueger and Joao Wedson—who are both urging

Bitcoin (BTC) Set to Double by Early 2026, Say Top Analysts

Two well-known figures in the crypto sphere are advising against hasty short-term bearishness, while another technical analyst is detecting signs of a classic accumulation pattern on Bitcoin’s chart.

Prominent investor and entrepreneur Fred Krueger is known for his bullish long-term views on Bitcoin 1, which he links to macro instability and growing institutional demand. In a recent tweet, Krueger expressed his optimism for even faster gains in the next seven months.

“They are saying a last point of interest in 2025 was $150k, but I doubt it. Feels more like $75k-$80k. Either way, do not want to be under-exposed for this move.”

According to his analysis, Bitcoin may be on the verge of a powerful move as it prepares for a steeper ascent.

If true, this would put the crypto behemoth on a trajectory to breach the $200,000 mark by early 2026.

Technical Analyst Predicts Strong Bitcoin Resistance and Potential Altseason

Meanwhile, technical analyst Joao Wedson took to Twitter to share his insights on a potential accumulation pattern forming on Bitcoin’s intraday timeframe.

Drawing from Wyckoff methodology, which is used to identify trends and turning points in financial markets, Wedson highlighted the possibility of a final point of interest at $113,000–$114,000, where strong sellers are expected to emerge, presenting a barrier for BTC’s ascent.

“Still in a IV Accumulation, which means we should expect a last point of interest in the 113k-114k area, before a strong sell pressure pushes price down again.”

However, Wedson cautions traders to “think twice before entering a short.” He suggests that this event could be the spark that triggers a long-awaited altcoin season, as capital flows from Bitcoin into other assets after a key resistance test.

“People will be quick to enter a short after this sell order, but I wouldn’t do it. Instead, be ready for a huge bounce and capital to flow into altcoins as traders close their shorts and new money comes in after testing the 114k resistance.”

Both analysts are closely following Bitcoin’s price movements and technical indicators. As the crypto market continues to exhibit volatility, traders are advised to manage risk and capitalize on available opportunities.

Original source:coindoo

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