NBA Legend Suddenly Updates His Bullish Bitcoin Price Prediction - U.Today

UToday
BTC3,09%

Scottie Pippen is not done talking about Bitcoin — at least not in its historically most bullish month. The Chicago Bulls veteran, who has been casually posting crypto charts for over a year now, just dropped another one, with a curve that goes through $25,000, $50,000, $75,000 and $100,000 before pointing straight to $140,000.

It looks like an update to the one he shared a few weeks ago — the one with every market low circled and labeled “It’s so over,” right before each rebound.

As mentioned, the timing is not random either: Bitcoin is sitting at around $104,000, stabilizing after a wild ride of the last few weeks that shook the crypto market up but surprisingly kept the big picture the same.

The chaotic volatility wiped out overleveraged longs, reset open interest and brought liquidity back to spot trading — something most analysts see as the healthiest way to enter a new leg of the cycle. For long-term holders, it is another typical shakeout — one that resets sentiment without breaking structure, keeping the macro setup untouched.

Bitcoin in November

You can almost tell Pippen is into the numbers. According to CryptoRank, Bitcoin usually goes up in value in November, with an average increase of about +37% over the past decade. That is the kind of season traders are waiting for, and it just so happened that Pippen decided to post again right when they were.

This latest chart does not exactly scream prediction; it just adds to the story. For Pippen, $100,000 is not the finish line; it is the start of the next play. With the invalidation just $4,000 away, it is safe to say that Pippen is almost calling the bottom for Bitcoin right now.

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 and XRP Hold Gains as Regulatory Debate Shapes Market Outlook

Bitcoin and XRP maintained steady prices on Sunday as the broader cryptocurrency market posted modest gains. The recovery followed renewed buying activity and stronger market sentiment across major digital assets. Meanwhile, political debate in Washington over crypto regulation added a new layer

CryptoBreaking26m ago

Steak 'n Shake Credits Bitcoin Payments as Same-Store Sales Rise ‘Dramatically’

Steak ‘n Shake is leaning deeper into bitcoin, tying customer payments, employee bonuses, and a growing BTC treasury into a strategy the company says is boosting sales and reshaping its financial model. Steak ‘n Shake Expands Burger-to- Bitcoin Strategy Growing corporate experimentation with bitc

Coinpedia1h ago

Metaplanet Lines Up $255M in Funding As It Pursues 210,000 BTC

Metaplanet said Monday that it has secured roughly $255 million from global institutional investors through a third-party private placement, a fresh infusion meant to accelerate the company’s aggressive plan to amass 210,000 bitcoins. The capital raise consists of newly issued shares sold at a

BlockChainReporter1h ago

Bitcoin Nears $75K as Trader Says BTC Price Squeeze Changes Nothing

Bitcoin extended a cautious rally at the start of the week, touching six-week highs as U.S. equities opened higher on signs of easing geopolitical tensions surrounding Iran. The move came alongside firmer price action

CryptoBreaking1h ago

Bitcoin Eyes Key Support Reclaim as Weekly Close Tops $70K

Bitcoin edged toward a pivotal weekly finish, with traders watching a potential close above the $70,000 mark that would also reclaim a critical long-term indicator. The setup sits at a crossroads as macro risk remains in play and buyers test a sequence of technical levels that have defined the

CryptoBreaking1h ago
Comment
0/400
No comments