Crypto analyst Minga is sounding a bullish alarm bell: he thinks Bitcoin could not only clear $120,000 in the next bull cycle but may surge to a new all-time high near $190,000. And, in his view, the best time to build exposure is now—while BTC edges toward a macro bottom.
What Minga is watching
- Minga posted on X that Bitcoin appears to be approaching a macro-cycle low, a phase when “every dip is a buying opportunity” for long-term accumulation.
- He identified a primary spot-buy region between roughly $58,900 and $54,500 as a point of interest for buyers this cycle.
- In a more extreme “max pain” scenario, Minga still sees the potential for a drop to about $37,000, which he labels a generational bottom — a level where he would consider going all-in.
- On the upside, he said he would look to begin taking significant profits around $194,742, which would constitute a new ATH above the currently cited $126,000 mark. He emphasized this is a plan, not a fixed order: final decisions will depend on price action when those levels are reached.
A complementary technical take: Ali Martinez
- Analyst Ali Martinez mapped out two strategic accumulation zones tied to historical 40–50% bear-market resets that often follow a crossover between the 50- and 200-period Simple Moving Averages (SMAs).
- His first target: $40,000 (about a 30% reset from current prices). Second target: $30,000 (roughly a 50% drop). Martinez says these levels have previously aligned with the last major downside before a generational macro bottom forms.
- He adds that BTC has already experienced a roughly 52% correction and is ~30 days into a 3-day SMA cross. If history repeats, he expects the final accumulation window to kick in within the next three to six days.
Where things stand now
- According to CoinMarketCap, Bitcoin was trading near $66,400 at the time of reporting, down just over 2% in the past 24 hours.
Bottom line
Minga’s thesis is straightforward: gradually build spot positions now as BTC tests cyclical lows, with bigger buys reserved for a potential $37K “generational” bottom and profit-taking planned near ~$194,742 on the next cycle’s topside. Martinez’s SMA-based framework reinforces the idea that the market could still have a meaningful reset before a durable bull run. As always, traders should weigh these scenarios against their risk profile and use dollar-cost averaging rather than trying to time exact bottoms.
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