An analyst states Bitcoin’s price could surge to $100,000 again, but not before significant volatility and potential new lows in Q3 2026. The projection follows a recent breakout from a downtrend and a bullish technical indicator, with geopolitical unrest contributing to current market pressure as Bitcoin struggles to hold above $70,000.
The cryptocurrency markets are facing severe volatility amid ongoing geopolitical unrest. Bitcoin has shown significant price fluctuations throughout the first three months of 2026.
Bitcoin’s price is currently near $71,000, moving within a range of $65,000 to $70,000. The token has been unable to break past the $70,000 barrier, with geopolitical factors adding pressure to its momentum.
Analyst Ted Pillows now indicates Bitcoin has broken out of its downtrend after multiple reversals. He notes a daily MACD bullish cross has also occurred.
In his view, Bitcoin’s price will resume pumping toward $80,000. Following that, the asset may encounter a local top and subsequent corrections.
Pillows stated, “$BTC has broken out of its downtrend. A daily MACD bullish cross has happened too. IMO, this is how Bitcoin could play out. A pump towards $80,000. A local top and correction to new lows. Bottom in Q3 and a quick recovery towards $100,000 by Q4 end if Fed money printing starts.” This suggests a path to $100,000 would involve further bearish movement first.
According to CoinCodex BTC stats, Bitcoin is forecasted to hit $83,110 by the end of 2026. The same data projects a price of $166,372 by 2030 and over $1.4 million by 2050.
