Expert Says Bear Trap Setup Is a Fakeout, Bitcoin Price Could Surge and Hit $230,000 ATH

BTC-1,07%
  • Expert says bear trap setup is a fakeout.

  • Bitcoin price could surge and hit $230,000 ATH.

  • Analysts debate between bullish and bearish outcomes.

The crypto community is pleased to see the price of Bitcoin (BTC), the pioneer crypto asset, surge to hit higher price ranges. In the last couple of days, the price of BTC has surged from $72,000 to almost $79,000. At the moment, bull and bear analysts are debating over the possibilities of what is to come next. An expert says bear trap setup is a fakeout, Bitcoin price could surge and hit $230,000.

Expert Says Bear Trap Setup Is a Fakeout

The sentiments in the crypto market at the moment are slightly mixed despite the fact that crypto asset values are climbing higher. In fact, it is exactly this reason that has led to a mixed point of view. For instance, bullish analysts believe that BTC is just starting its final leg up to reclaim 6-digit prices and the previous ATH at $126,000 before surging to hit higher ATH targets in the coming weeks.

In contrast, bearish analysts believe a bull trap is being set up, meaning the price of BTC will surge in what they expect to be a fake pump before the asset dips to hit much lower prices. To highlight, the price of BTC is expected to climb as high as only $90,000 according to bear analysts, before the asset will inevitably dip to hit much lower prices, presently expected to be in the $40,000, where BTC will likely bottom.

So far, several bearish analysts have supported this point of view, where BTC will surge shortly before a mega fall to the $52,000 price range will occur first. After this, the market will likely bottom before shifting to the next phase of the traditional 4-year bull cycle. This view is being trumped by bullish analysts who believe the traditional bull cycle is no longer in play and that this year, a 5-year supercycle will play out instead.

Bitcoin Price Could Surge and Hit $230,000

According to this supercycle point of view, Bitcoin will rise to hit new ATH records, allowing an altseason peak phase to play out next. Following this bullish event, Bitcoin will finally go on to bottom. Either way, a surge is expected before the fall, it is the timeline and the intensity that are still being debated. One expert goes on to share a highly bullish new ATH target for BTC as we can see from the post below.

THE FAKE OUT IS THE BITCOIN SETUP FOR $230K.

This zone held since 2024.

Two scenarios:
Fake out to $48K: stops hunted, then $230K.
Hold above $65K: move begins without the flush.

Both paths lead to $230K.

One has a stop hunt first.
The market usually chooses that one.

My… https://t.co/ORfkok5QSW pic.twitter.com/fgpKv4GH5y

— Merlijn The Trader (@MerlijnTrader) April 22, 2026

This crypto trader and expert says that the fake out is the Bitcoin setup for $230,000. He points out a zone that has been held since 2024 and expects one of two scenarios to play out, the first is a fake out to $48,000, which will then be followed by a run to $230,000, and the second is that the price of $65,000 will be held before a move to $230,000. The latter will see a major market flush. Responses discuss which outcome is likelier.

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

Bitcoin at $81,848 Would Trigger $1.56B in Short Liquidations on Major CEXs

Gate News message, April 23 — According to Coinglass data, if Bitcoin breaks above $81,848, cumulative short liquidations across major centralized exchanges would reach $1.56 billion. Conversely, if BTC drops below $74,105, cumulative long liquidations would total $1.428 billion.

GateNews1h ago

Bitcoin Futures Open Interest Declines 5.74% in 24 Hours, Total Positions at $60.08B

Gate News message, April 23 — According to Coinglass data, Bitcoin futures open interest across all exchanges fell 5.74% over the past 24 hours, with total positions now standing at $60.08 billion. Among major platforms, a leading CEX

GateNews3h ago

Bitcoin and Ethereum Options Worth $98.7B Set to Expire

Gate News message, April 23 — Bitcoin and Ethereum options with a combined notional value of $98.7 billion are set to expire this month. According to on-chain data, 109,000 BTC options will expire with a put-call ratio of 0.93 and a maximum pain point of $72,000, representing a notional value of $85

GateNews4h ago

Morgan Stanley Purchases 143.34 BTC Worth $11.17 Million

Gate News message, Morgan Stanley bought 143.34 BTC worth $11.17M around an hour ago. Now they hold 1.964K BTC worth $153.41M.

GateNews4h ago

Bitcoin Falls to $78,326 After Trump Issues Military Warning Over Iran Strait

Gate News message, April 24 — Bitcoin retreated to approximately $78,326 on Thursday after U.S. President Donald Trump issued a military warning to Iran, stating he had ordered the U.S. Navy to "shoot and kill" any Iranian vessels placing mines in the Strait of Hormuz. The pullback followed a rally

GateNews5h ago
Comment
0/400
Mypriyatnavip
· 8h ago
Itu bukan pengelahuan, itu namanya ekspektasi.
Reply0