• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Elon Musk’s SpaceX AI Bitcoin Price Prediction: But it Comes With One Big Catch

June 8, 2026
in Crypto News
Reading Time: 4min read
0 0
A A
0
Elon Musk’s SpaceX AI Bitcoin Price Prediction: But it Comes With One Big Catch
0
SHARES
0
VIEWS
ShareShareShareShareShare

Elon Musk, SpaceX AI, just put Bitcoin in the spotlight with a prediction target of $150,000 to $250,000 plus by the end of 2026. The wild part is BTC is sitting near $63,197 right now, so this is a call for a 2x to 4x move from here.

The bull case is built on the idea that Bitcoin is the last major asset yet to fully run. Its market cap still lags behind global equities, gold, and real estate, even with institutions and nation-states piling in.

Source: xAI Bitcoin Price Prediction

Add Trump pushing a Strategic Bitcoin Reserve, a realistic shot at the Digital Asset Market Clarity Act passing, and a possible cooling of geopolitical tension. That cocktail sets up a breakout past old highs and well beyond. Capital wants the scarcest store of value while fiat keeps expanding, and BTC fits that role perfectly.

The bear case is not scary, but it is real. Lingering regulatory friction, drawn-out wars, or a broad macro risk-off mood could stall the upside.

That pressure could drag the price back toward the $40,000 to $50,000 support zone. The catch is that structural buying from ETFs, corporations, and governments makes a deep, extended drawdown harder to pull off. The downside looks shallow while the upside stays huge.

Bitcoin Price Prediction: The Last Major Asset Still Coiled Before Its Snap

Now to the chart. BTC is on the weekly, and the price is sitting at $63,197 after a sharp rejection from the $120,000 region. The structure shows a clear lower high after that blow off top, and now we are testing prior breakout levels from below.

The pattern looks like a deep retracement within a longer bull market, not a full trend reversal. Key support sits at the $60,000 area, with deeper support at $50,000 and the major shelf near $40,000.

Resistance stacks at $70,000, then $80,000, and the heavy ceiling back at $120,000.

Source: Bitcoin Price / Tradingview

RSI is reading 34.21 with its signal line at 40.41. So price momentum is sitting below the average and pushing toward oversold.

That gap of around 6 points between the two tells you sellers still have control short-term, but the stretch into oversold often marks exhaustion. When RSI curls back above that 40.41 signal, it flips the read bullish.

Tie it together, and the chart agrees with the prediction. Reclaim $70,000 and the path toward six figures, and that $150,000 to $250,000 zone opens right up.

Discover: The best crypto to diversify your portfolio with

You Might Like SpaceX AI Prediction For LiquidChain Which is Catching the Attention of Bitcoin holders

The rotation is already happening. Most people will only see it in hindsight.

Large-cap crypto is not broken. It is capped. Bitcoin, Ethereum, and XRP have been pressing against the same resistance bands for weeks with nothing to show for it. The macro tailwinds keep getting delayed. The institutional inflows keep getting pushed to next quarter. Waiting on catalysts outside your control is not a strategy. It is just waiting.

A capital that has navigated enough cycles does not sit at resistance. It moves before the destination becomes obvious to everyone else.

Early stage infrastructure plays operate on completely different math. Small enough market cap means a modest rotation produces dramatic price movement. The asymmetry comes from the gap between what something is actually worth and what the market currently thinks it is worth. That gap only exists while the project is still undiscovered.

Multi-chain fragmentation bleeds DeFi every single day. Bitcoin, Ethereum, and Solana run completely isolated liquidity systems with no native way to connect them. Every user moving value between ecosystems pays for that disconnection directly in fees, slippage, and failed transactions. The cost is real and it compounds across every interaction.

LiquidChain collapses all 3 networks into a single execution layer. One deployment. Full ecosystem access. No cross-chain tax on every interaction.

The presale is at $0.01454 with just over $820,000 raised. Ground floor is not a marketing phrase. It is a description of where this sits in its lifecycle right now.

Execution is unproven. Adoption is unknown. Established assets offer a smoother ride toward a ceiling that is already visible. LiquidChain offers an earlier seat at a table that has not been set yet.

Explore the LiquidChain Presale

The post Elon Musk’s SpaceX AI Bitcoin Price Prediction: But it Comes With One Big Catch appeared first on Cryptonews.

Credit: Source link

ShareTweetSendPinShare
Previous Post

XRP Price Prediction: Only BTC and XRP Have Survived the Top 10 Since 2014

Next Post

Strategy Bought more Bitcoin as Tom Lee Scooped more ETH in the Bloodbath Aftermath: Bull Run Making a Comeback?

Next Post
Strategy Bought more Bitcoin as Tom Lee Scooped more ETH in the Bloodbath Aftermath: Bull Run Making a Comeback?

Strategy Bought more Bitcoin as Tom Lee Scooped more ETH in the Bloodbath Aftermath: Bull Run Making a Comeback?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You might also like

Strive Seeks $4.2B ATM Expansion To Fund More Bitcoin Buys

Strive Seeks $4.2B ATM Expansion To Fund More Bitcoin Buys

June 2, 2026
Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC

Bitmine Offers $300M Preferred Stock to Boost Ethereum Holdings

June 4, 2026
Kraken Opens Door to SpaceX IPO With Tokenised Shares for Global Crypto Investors

Kraken Opens Door to SpaceX IPO With Tokenised Shares for Global Crypto Investors

June 8, 2026
Crypto-Fueled Peptide Boom Surges Past US$100M as Biohacking Meets Looksmaxxing

Crypto-Fueled Peptide Boom Surges Past US$100M as Biohacking Meets Looksmaxxing

June 5, 2026
Ethereum Could Outperform Bitcoin Despite Recent Price Weakness: Standard Chartered

Ethereum Could Outperform Bitcoin Despite Recent Price Weakness: Standard Chartered

June 3, 2026
If XRP Price Loses This Current Support, This Is How Low It Will Go

If XRP Price Loses This Current Support, This Is How Low It Will Go

June 4, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Solana Wave 4 In Progress: Relief Bounce Or Setup For A Fresh Decline?

Solana Wave 4 In Progress: Relief Bounce Or Setup For A Fresh Decline?

June 8, 2026
Analyst Charts Ethereum Long-Term Roadmap To $16,000 – There’s No Need To Panic

Analyst Charts Ethereum Long-Term Roadmap To $16,000 – There’s No Need To Panic

June 8, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.