Analyst Predicts Bitcoin Could Reach $300K Despite Current Market Weakness

Trend Analysis Points to Strong Upside Potential Amid Temporary Pause

A leading cryptocurrency analyst argues that Bitcoin’s recent softness is a normal consolidation phase rather than the start of a prolonged bear market. Using historical price models and trend channel analysis, the expert suggests that BTC is poised for significant gains once volatility stabilizes.

Historical Trends Support Upside Case

The analyst highlights a linear regression model applied on a logarithmic scale, which tracks Bitcoin’s long-term growth trend. Current data indicate that BTC is trading near its lowest point relative to the trend channel since 2012. This is framed not as a warning but as a potential entry point, echoing past periods where similar consolidations preceded sharp rallies.

According to the model, a return to the midline of the trend channel would bring Bitcoin to around $175,000. The upper boundary of the channel points toward a peak in the $250,000–$300,000 range, signaling strong long-term upside potential for patient investors.

Short-Term Price Action and Market Context

Bitcoin is currently trading near $111,355 after recovering from a dip below $105,000 last week. While down roughly 8% over the past two weeks, BTC has gained over 6% in the last seven days, reflecting a stabilization that may encourage bullish positioning. Analysts also note that a significant number of bearish short positions could accelerate upward momentum once market volatility subsides.

The broader macroeconomic environment further supports this outlook. Liquidity-driven corrections are being interpreted as mid-cycle resets rather than a sustained bear trend. Additionally, Bitcoin’s partial correlation with U.S. equities means that continued risk-on sentiment in stock markets could benefit crypto assets, potentially fueling the next leg of BTC’s rally. Historical patterns after recent sell-offs suggest an average gain of 25% over the following 90 days, reinforcing the bullish case.