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

BTC0,8%
  • 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 Funding Rate Turns Negative at -0.0031%, Major CEXs Show Mixed Rates

Gate News message, April 26 — According to Coinglass, Bitcoin's 8-hour average funding rate across the network is currently -0.0031%, indicating a bearish sentiment among traders. Among major centralized exchanges, funding rates vary: a leading CEX shows 0.0002%, another major CEX at -0.0004%, a th

GateNews1h ago

Whale Deposits 300 BTC Worth $23.4M to CEX After 2-Year Dormancy

Gate News message, a whale has deposited 300 BTC (valued at $23.4 million) into a centralized exchange after remaining inactive for 2 years. These 300 BTC were originally withdrawn from CEX 3 years ago when BTC was priced at $19,329. The whale is currently holding an unrealized profit of $17.6 milli

GateNews3h ago

Metaplanet Issues ¥8B Bonds To Expand Bitcoin Holdings

Metaplanet raises ¥8B through zero-coupon bonds to fund Bitcoin purchases without immediate interest burden. Firm grows BTC reserves to over 40K coins, targeting 100K by year-end despite valuation-driven losses. Strategy relies on debt financing as stock declines, reflecting risk amid

CryptoFrontNews3h ago

CryptoQuant Analyst: Bitcoin Must Hold Above $83K to Confirm Market Recovery

Gate News message, April 26 — According to CryptoQuant analyst Axel Adler, short-term holder (STH) selling pressure has notably eased following spring market stress relief, and Bitcoin's market recovery remains underway. Current BTC price has approached the short-term holder cost basis. Adler

GateNews4h ago

El Salvador Adds 8 BTC Over Past Week, Total Holdings Reach 7,633.37 Bitcoin

Gate News message, April 26 — El Salvador added 8 Bitcoin over the past 7 days, bringing its total holdings to 7,633.37 BTC worth approximately $624 million. Over the past 30 days, the country has accumulated 31 Bitcoin, continuing its strategy of building its national Bitcoin

GateNews5h ago

Bitcoin Perpetual Contracts: Large Holders Earn Fees While Retail Traders Pay, Says Chief Economist

Gate News message, April 26 — Fu Peng, newly appointed chief economist at Xinhuojituan, explained the underlying business model of Bitcoin perpetual contracts on social media, comparing it to traditional finance's "deferred fees" or "overnight fees" used in precious metals and commodity spot

GateNews5h ago
Comment
0/400
Mypriyatnavip
· 04-23 11:50
That is not disappointment, that is called expectation.
View OriginalReply0