Crypto analyst Cupra has revealed that Bitcoin has printed a historical 
aggressive recovery setup, signaling that a rally to the upside may be on the 
horizon. The analyst predicted that BTC could rally to a new all-time high 
(ATH) of $150,000 as the next bull phase approaches. Bitcoin Prints One of the 
Most Aggressive Setups In Years In an X post, Cupra stated that Bitcoin has 
just printed one of the most aggressive recovery setups that the market has 
seen in years. He noted that such a setup played out in 2019 after months of 
“pain,” which then led to a 282% explosive move for BTC. Now, the same 
structure is playing out, with the analyst noting a similar reset but with 
even more liquidity. Related Reading: Bitcoin Just Deviated From The Bearish 
Trend That Began In January And $86,000 Could Be Next Cupra noted that this is 
not a coincidence, as this is how the bull run starts, with sentiment 
destroyed while liquidity builds and smart money begins to position. He added 
that the market is about to shock everyone and that a Bitcoin rally to 
$150,000 is not a “meme” but the next phase. His accompanying chart showed 
that BTC could also rally to a cycle peak of $420,000. In another X post, the 
analyst doubled down on his assertion that Bitcoin could soon see a parabolic 
reversal to the upside. He noted that 35 bars are up while 12 bars are down, 
which is the “perfect cycle structure.”Cupra added that every time this 
happens, a massive expansion follows. Cupra also revealed that Bitcoin has 
just completed the 12-bar reset and that this is the launch zone. In line with 
this, he declared that the next leg will be violent and won’t be a “normal 
pump.” The analyst added that the parabolic phase is starting now. BTC Still 
At Risk Of A Decline Crypto analyst Colin has predicted that Bitcoin remains 
at risk of a decline despite claims that the leading crypto has formed a 
bottom. He highlighted a bear flag on his chart, suggesting BTC could rally 
above $77,000 in the short term following the 2-week ceasefire agreement 
between the U.S. and Iran. However, the leading crypto is likely to continue 
its downward momentum after this relief bounce. Related Reading: Bitcoin 
Golden Cross Trend Enters Flow State: Why The Next 2-3 Weeks Are Important 
Crypto analyst Aralez warned market participants to be careful with any 
Bitcoin trades right now. He noted that price is sitting in a key zone after 
clearing a large liquidity shelf and that locally, the structure still looks 
bullish. However, there are two main things to monitor now, which are whether 
the market will show weakness soon and if the price will stall in a range. At 
the time of writing, the Bitcoin price is trading at around $71,000, down in 
the last 24 hours, according to data from CoinMarketCap. Featured image from 
Pixabay, chart from Tradingview.com

Analyst Says Bitcoin Has Printed A Historically Aggressive Recovery Setup, What To Expect

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