- Bitcoin’s re-accumulation phase could lead to a move toward $200K.
- Key support at $73.9K will determine Bitcoin’s next price action.
- After consolidation, Bitcoin might break $200K in the next leg up.
Bitcoin’s current trend is forming a nice base for what could be a huge upward ascension. Currently, the crypto is consolidating above the 7-month re-accumulation phase as of March 2025. Marked by the blue “X” on the chart, this indicates that Bitcoin is heating up for the next major leg. Analysts expect to see a price distribution phase around $200,000 and $300,000. Price action follows the well-known structural setup called the ACC-REACC-DIST sequence. The upside is in place as long as key levels hold for potential significant movements for the cryptocurrency.
The Re-Accumulation Process and Key Phases
Bitcoin’s movement in price has developed phases that illustrate some process in the different phases that contribute to the growing general trend. Accumulational movements mark the first phase, considered movement in price restricted within a smaller range, which was formed so that it could build a base for future growth. Break-through in the accumulation zone is what the second phase demonstrates at a faster move concerning price action. This is as highlighted in the chart, showing a shift in momentum as Bitcoin gains.
Phase 3 has pre-tension building, which represents the point whereby market participants expect a further move in price. Phase 3 will then see the price of Bitcoin in a line of consolidation, building pressure to break out from this position, leading into the fourth phase, which will be the phase of continuing the trend, the price having previously moved upwards and heading towards the $200,000-$300,000 range.
The Bullish Trend of Bitcoin Along with Rising Momentum
In this current chart, Bitcoin has now been consolidating above its 40-week moving average (the blue line). This has been strong support for it. According to the chart, it can be said that Bitcoin is going through a re-accumulation period: the stage in which the big players are positioning themselves in the market for exponentially increased growth. In fact, it is consolidating around $74,000, and this has the potential to explode in an upward move. As for key invalidation levels for this setup, a weekly close below this price tag would be seen as breaking up outside the current trend structure.
The continued development of a market structure is indicating a potential distribution phase after re-accumulation. This, as the structure indicates in the chart, will bring Bitcoin to price levels of $200,000 to $300,000. The structure of the trend highly depends on Bitcoin staying above this 40-week moving average and finishing this re-accumulation phase. If this cryptos break down below this very important support, the bullish scenario might come into question, and the market might have to correct quite deeply.
By looking onward: Bitcoin will travel towards $200K-$300k.
As the market keeps consolidating, Bitcoin’s price is ready to ascend if that phase of re-accumulation proves successful. The current trend structure suggests a breakout should happen soon, with price targets of $200,000 to $300,000.
