Crypto analyst Minga says Bitcoin could surge well past six figures in the next bull cycle — and he’s urging traders to start accumulating now.
Key takeaways
- Minga sees Bitcoin ultimately breaking out to a new all-time high in the next bull market, forecasting a possible run beyond $120,000 and targeting roughly $190,000 (he has also identified $194,742 as a level to begin taking significant profits).
- He believes BTC is approaching a macro bottom, making current and future dips buying opportunities rather than times to panic.
- Near-term support and spot-buy interest zones cited by Minga include roughly $58,900–$54,500, with a more extreme “max-pain” downside to $37,000 — a level he calls a potential generational bottom for building large positions.
- Minga emphasizes dollar-cost averaging and building positions over time rather than “all-in” purchases.
What Minga is recommending
In a recent X post, Minga argued the market is entering the portion of the cycle where every dip should be treated as an accumulation opportunity for long-term holders. He flagged the $58.9k–$54.5k range as a primary point of interest for spot buys, while acknowledging that a more severe drawdown to $37k remains a possible worst-case scenario — and, if it happens, a place he’d view as ideal to “go all in.”
On the topside, Minga is watching roughly $194,742 as a level to start unloading a large chunk of spot holdings. He stressed that profit-taking at that level is a plan, not a final decision, and will depend on price action when BTC approaches that region.
Another analyst’s view: strategic accumulation windows
Crypto analyst Ali Martinez shared a complementary technical perspective, outlining two principal accumulation zones based on historical bear-market resets that follow the 50/200 SMA crossover:
- First target: $40,000 — about a 30% reset from then-current levels.
- Second target: $30,000 — roughly a 50% decline, historically coinciding with the last leg down before a generational macro bottom.
Martinez noted BTC has already experienced a ~52% correction and is about 30 days into a 3-day SMA cross. If past patterns repeat, he suggested the final accumulation window for this cycle could open within the next three to six days.
Market snapshot
At the time of the reports, CoinMarketCap data showed Bitcoin trading around $66,400, down just over 2% in the past 24 hours.
Bottom line
Minga’s bullish long-term targets and Martinez’s historical reset levels paint a familiar — if divergent — playbook: build positions gradually across dips, keep $37k–$30k on the radar as deeper accumulation zones, and consider significant profit-taking once prices approach the high-six-figure/low-seven-figure targets the bulls are now discussing. As both analysts emphasize, execution and timing should be driven by risk management and how price behaves at those key levels.
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