If technical analysis such as data or charts can be observed well, then the possibility of Bitcoin's price increasing is very high that can be exceed 150k. How much they really work will depend on where the market will reach. An analyst
Peter Brandt has claimed that if Bitcoin price cannot cross the parabolic trend line, then Bitcoin's bullish movement may end. I do not think that such a thing can happen. Investors are now much more aware than before, they do not panic at a small price drop, they know that Bitcoin price will recover.
Everyone seems to be bullish on bitcoins but the bullish trend seems to be on a declining verge. We did see a really growth from the start of this year but bitcoins were going sideways from a long time and they also did dip a bit recently which decereased the changes of hitting $150k by the end of this year. We still have one quarter left but I really feel it's kind of difficult for bitcoins to even cross $120k.
Yes, we will surely be trending above $100k for sure but expecting a huge pump seems metaphorical. Right now, institutions are showing interest as we did see some major firms buying bitcoins in this dip so that can be a positive news and I can only see bitcoins crossing $120k if this holds strong.