Bitcoin Price Prediction: Why It Could Reach $150,000 Before 2026

Bitcoin (BTC) currently trades around $110,700, hovering just above crucial support at $111,350. The 50-day Simple Moving Average at $115,179 presents resistance, while the longer-term 200-day SMA at $101,690 acts as a safety net. 💰 📈 The immediate support level is at $111,350. Major support lies around $101,690 (the 200-day SMA), with psychological support near the $100,000 mark. Resistance comes in at $112,142 – $115,179. A breakout above $115K could pave the way for retesting $118K before resuming the uptrend. 📈 ⬆️ 📉 🧠 If BTC maintains its position above $100,000 in September, a strong Q4 parabolic rally is anticipated.