- Bitcoin targets $170K with key accumulation zones set at $103K, $96K, and $90K, offering strong risk-reward opportunities for buyers.
- Analysts expect a major breakout after June 30 as Bitcoin nears the end of a 10-week signal phase with bullish on-chain confirmations.
- Altcoins may lag but are likely to surge after Bitcoin clears $110K, making rotation strategies ideal for high-reward traders in July.
Bitcoin’s path to $170,000 appears intact as top analysts highlight new buy zones ahead of a major breakout. Currently trading around $104,500, Bitcoin remains in a consolidation phase. However, data shows institutional accumulation and growing bullish sentiment into the end of June.
According to prominent analyst astronomer_zero, a breakout past $110,000 is expected after June 30. The projection is based on technical signals, market timing, and historical price behavior. The analysis identifies three key entry points for sidelined investors—$103,000, $96,000, and $90,000. These levels offer strategic buying opportunities with different levels of risk and reward.
Source: Astronomer
Moreover, Bitcoin’s 10-week signal phase is set to conclude in July. This timeline supports the thesis of an imminent move toward $170,000. Consequently, traders positioning early stand to gain over 70% returns. The outlook remains heavily bullish, anchored on a broader uptrend that began at $18,000 in 2023.
Clear Entry Zones Strengthen Accumulation Strategy
The forecast highlights three accumulation zones. The first level at $103,000 marks the expected close before the breakout. Traders could enter lightly here, allocating 25%–30% of their capital. The second level around $96,000 signals a heavy-buy zone, where 60%–70% exposure is recommended. Finally, the $90,000 level represents a rare full allocation opportunity.
Additionally, perpetual contract data supports this thesis. Binance shows Bitcoin consolidating above $104,000, even amid projected short-term weakness. The order book reveals aggressive spot buying, while funding rates signal short-term bearish sentiment. This divergence increases the probability of an upward reversal.
Altcoins Likely to Follow Bitcoin’s Move
Altcoins, in addition to Bitcoin, are still essential for traders who are willing to take on greater risk. Altcoins typically trail Bitcoin’s initial surge but outperform it once momentum changes. When Bitcoin clears $110,000, switching to altcoins could result in larger profits.
However, the strategy warns against catching falling knives. Instead, traders should wait for bullish confirmation. Time plays a critical role—buying closer to the end of the 10-week phase could be more effective than timing the perfect price.
