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

BTC0,82%
  • 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.
Comment
0/400
No comments