Reputed Crypto Trader Calls the Bottom at $54,000 BTC Price, Bullish Expectations Grow

BTC-2,63%
  • Reputed crypto trader calls the bottom at $54,000 BTC price.

  • This led to a massive surge in price pump expectations.

  • The price of BTC could rally towards new ATH prices after the bottom is set.

The price of Bitcoin (BTC) continues to trade in the $66,000 price range, hinting at possibly sinking down to lower price targets as most bearish analysts were expecting. At the moment, one reputed crypto trader calls the bottom at $54,000 BTC price, igniting bullish expectations. This prediction is in contrast with the growing bearish calls that have recently been taking over the crypto community.

Reputed Crypto Trader Calls the Bottom at $54,000 BTC Price

Since the pioneer crypto asset, Bitcoin (BTC), went on to hit its current ATH price in the $126,000 price range in October 2026, sentiments pulled a full 180 and went from bullish to bearish as the event was immediately followed by a $20 billion liquidation event. Since then, the price of BTC has been falling at a steady pace, bringing the price of BTC down by 50%, now trading in the $60,000 price range.

A few weeks ago, the price of BTC tried to reclaim a critical support level at the $76,000 price range, but failed to climb higher than the $74,000 price range, leading to the loss of this support line and allowing the price of BTC to fall under $70,000. This move led bearish analysts to believe that the asset was moving towards its bear market bottom price, expected to be hit in the $40,000 price range.

This market bottom is based on the traditional 4-year bull cycle structure, the pattern that bearish analysts are looking at. The popular model this year being adopted by bullish analysts comes from the 5-year supercycle theory. This outlook states that the crypto bull cycle will enter an extension following a short crypto winter, meaning a different bottom price may be hit before BTC and altcoins can go parabolic this year.

Bullish Expectations Grow for Crypto

The 5-year supercycle theory comes from financial experts like Raoul Pal, who explain that the business cycle extension will lead to a crypto cycle extension as well as the arrival of the long-awaited altseason, once liquidity flows into the market. Thus, both Bitcoin and altcoins are expected to set new ATH prices this year. As we can see from the post below, this bullish analyst is calling for the bottom at $54,000.

I called the $126K Bitcoin top. Now I’m calling the $54K BOTTOM.

I don’t make many Bitcoin calls, but when I do, they matter.

Right now we’re in terminal consolidation ($64K-$72K).

Here’s what I’m watching:

Short-term trap to ~$72K (bull trap)
→ Massive drop to $54K… pic.twitter.com/v84zTSvicP

— Kabuki🔴 (@kabukistory) April 2, 2026

As the post explains, the bullish outlook expects BTC to bottom at $54,000, an event set to arrive after the ongoing terminal consolidation phase ends. Following the massive drop to the $54,000 price range, retail is expected to reenter the market, leading to capitulation and macro uptrends resuming. The post concludes saying $54,000 is the final shakeout before the bull rally can begin.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Former UK PM Liz Truss Publicly Endorses Bitcoin as Tool Against Currency Debasement

Former UK Prime Minister Liz Truss criticized Britain's economic trajectory, citing high taxes and regulations. She advocates for Bitcoin to combat currency debasement and is organizing a conference to promote a movement for sovereignty and freedom.

GateNews4h ago

BTC breaks below 76000 USDT

Gate News bot message, Gate market data shows that BTC has broken below 76000 USDT, current price is 75996.9 USDT.

CryptoRadar6h ago

Goldman Sachs Files Bitcoin Income ETF Using Options Strategy

Goldman Sachs proposed a Bitcoin-focused income ETF that avoids direct Bitcoin holdings, using linked ETFs and options strategies for income. This filing reflects increased competition in the crypto investment space among major firms.

CryptoFrontNews6h ago

Bitcoin ETFs Record $663.9M Inflows, Strongest Day Since Mid-January

Bitcoin ETFs saw $663.9 million in inflows on April 18, indicating renewed institutional confidence and a shift in market sentiment. This trend suggests sustained interest in Bitcoin as investors seek to diversify their portfolios.

GateNews7h ago

Bitcoin Ownership Surpasses Gold Among Americans for the First Time

More Americans now own Bitcoin than gold, highlighting a significant shift in asset preferences as Bitcoin's popularity surges. U.S. entities dominate global Bitcoin holdings, and institutional adoption is accelerating, with major firms entering the market and legislation potentially enhancing Bitcoin's legal status.

GateNews8h ago

Bitcoin Price Outlook Shifts as Iran Toll Demand Revives $1M Target Talk

Iran Bitcoin toll revives debate on crypto as global payment infrastructure Geopolitical tensions push Bitcoin beyond store-of-value into currency role Institutional adoption and flows strengthen long-term million-dollar Bitcoin narratives Bitcoin price outlook has shifted again after fr

CryptoNewsLand8h ago
Comment
0/400
No comments