Bitcoin Price Predictions: GMI Forecasts $180,000 in 90 Days

Global Macro Investor (GMI) head of macro research, Julien Bittel, has shared a compelling roadmap regarding Bitcoin's market behavior during periods of "oversold" conditions, particularly focusing on an "oversold RSI" indicator. In a recent post on X, he emphasizes that the market has closely followed this pattern, suggesting that the current cycle might stretch into 2026. This viewpoint challenges the traditional belief in a standard "four-year cycle" in Bitcoin’s price movement.

Key Takeaways:

GMI's Julien Bittel presents an optimistic assessment that Bitcoin could reach $180,000 in 90 days, based on historical patterns of RSI indicators.
Chart analysis suggests significant upward movement following periods of oversold conditions, though it does not guarantee precision.
The traditional four-year cycle narrative may not hold, with Bittel asserting that current financial conditions indicate a longer cycle potentially extending into 2026.
Diverging perspectives exist within the crypto community, from bullish predictions to skepticism regarding the statistical foundations of such forecasts.

Bitcoin price prediction 90 days GMI

In his post, Bittel shared a chart illustrating Bitcoin's average price trajectory after its RSI dips below 30 — a threshold representative of oversold conditions. He annotated this point as t=0. “This shows the average BTC trajectory following an oversold RSI reading,” he stated, inviting those curious to analyze the chart's implications.

Is Bitcoin Set to Reach $180,000 in 90 Days?

Bittel's chart overlays have proven to be nearly spot-on thus far. He noted that the "average market path" exhibits a significant upward trend after the point marked t=0. It indicates that within a 90-day window post this point, Bitcoin's price could potentially soar close to the $180,000 mark.

However, Bittel clarified that this chart should not be interpreted as a precise prediction. He emphasized, “No, it won’t be perfect,” and pointed out that “if we assume the bull market isn’t already over, this chart is worth keeping in mind.” He cautioned that recoveries can often be jagged: “Bases can take time to form and usually experience considerable volatility before a substantial upward movement occurs.”

Average Market Path Following The Last Five Times Bitcoin’s RSI Broke Below 30 | Source: X @BittelJulien

Bittel starkly communicated the conditions surrounding this projection. “If you believe the bull market is over and we’re facing a year of downward pressure, this chart won’t be relevant for you. Move along…”

The significant takeaway is that the conventional cycle narrative cannot be taken for granted. “Unless you believe the four-year cycle is still intact — which we do not — this chart may remain valid over time,” he explained. “As we have highlighted previously, taking into account our findings on the business cycle, current financial conditions, and overall liquidity expectations, it appears that this cycle may persist well into 2026.” Should this scenario occur, he remarked, “the four-year cycle is effectively dead.”

Bittel also contested the widespread notion that Bitcoin’s price dynamics revolve solely around the halving process. According to him, "the four-year cycle was never solely about the halving, despite popular belief — instead, it's been fundamentally driven by the public debt refinancing cycle." He noted that the COVID-19 pandemic had postponed this dynamic by a year, leading him to conclude that the cycle is now “officially broken” due to an increase in the weighted average maturity of the debt structure.

He framed the broader macroeconomic environment in terms of debt-service pressures and liquidity responses. “The bigger picture indicates a massive amount of interest expense that must be managed, significantly outpacing GDP growth,” Bittel wrote.

Responses across the cryptocurrency community on X have varied from optimistic to doubtful. The ₿itcoin Therapist remarked, “$180,000 BTC in 90 days,” while LondonCryptoClub (@LDNCryptoClub) indicated that Bittel’s analysis aligns with their expectations regarding the Federal Reserve’s dynamics and liquidity maneuvers among financial entities. They anticipated some turbulence leading into the year’s end, stating there would be “noise and chop into year-end (which is negative liquidity)” before Bitcoin could reconnect with an upward trend.

Others expressed skepticism. User doug funnie (@cryptoklotz) commented on the speculative nature of such predictions but acknowledged a potential scenario where Bitcoin could achieve new highs if it remained stable above certain price levels. Similarly, Capriole Investments’ founder, Charles Edwards, criticized the statistical basis of Bittel’s assertions, advocating for a more extensive testing set to validate the analysis.

For traders, Bittel’s post combines a practical market signal with insights about the overall trading environment. The RSI sub-30 indicator may assist in mapping the potential rebound, contingent upon the assumption that “the bull market isn’t already over,” and under conditions favoring a prolonged cycle into 2026.

As of now, Bitcoin is trading at approximately $87,330.

Bitcoin price Bitcoin still remains within the range of the 0.618 and 0.786 Fibonacci levels, as shown on the one-week chart | Source: BTCUSDT on TradingView.com