Bitcoin could rally to approximately $150,000 following its current correction, according to a widely-circulated technical analysis comparing BTC's price structure to the historical growth pattern of Nvidia stock.
The analysis, shared across X (formerly Twitter), draws parallels between Bitcoin's current wave formation and Nvidia's previous bull-run dynamics. Proponents of the thesis argue that BTC is positioned to enter a final impulsive growth phase once the ongoing pullback concludes, potentially mirroring the semiconductor company's explosive gains over similar timeframes.
While such technical comparisons remain speculative, the projection has gained traction among retail and institutional traders monitoring Bitcoin's near-term trajectory. The pattern-matching approach relies on Elliott Wave theory and historical precedent rather than fundamental catalysts, underscoring the technical analysis community's continued influence over short-term price expectations in crypto markets.