Bitcoin, going to $300,000?...Expert: "The real dream buying zone is 'here'"

▲ Bitcoin (BTC), rise/ChatGPT generated image

Even after Bitcoin (BTC) fell below $74,000, long-term bullish scenarios targeting $300,000 and $500,000 have been raised, while one analyst suggested $60,000, $45,000, and $35,000 as key buying zones.

According to crypto media outlet NewsBTC on May 30 (local time), market expert Crypto Patel recently stated in an X (formerly Twitter) post that he sees Bitcoin's long-term upside target at over $300,000 and is waiting for additional buying opportunities. He explained that while many investors are anxious about Bitcoin's recent dip below $74,000, he is quietly building his position.

Crypto Patel presented three ideal accumulation zones for Bitcoin. The first entry zone is around $60,000, which he stated has already been reached. This zone was presented as a price level aligned with the Fibonacci 0.382 retracement line and a Bullish Order Block. The second accumulation zone is around $45,000, touching the Fibonacci 0.5 retracement line, and he stated that he plans to buy more Bitcoin after waiting for entry into this zone.

The most aggressive third zone is around $35,000, close to the Fibonacci 0.618 retracement line. Crypto Patel described this price level as the "Dream Entry," the most attractive buying opportunity among the three zones. NewsBTC reported that his accumulation strategy is based on an Inverse Head & Shoulders pattern formed on the weekly chart from 2022 to early 2024.

This pattern was described as a structure where Bitcoin formed a bottom, creating the head section, after a 77.6% drop from its previous high. After breaking through this structure in early 2024, buyers gained control, and subsequently, Bitcoin rose to an all-time high above $126,000 in October 2025. However, after the all-time high, it encountered strong resistance between $84,000 and $100,000, and then dropped back to the retracement area around $74,000.

Crypto Patel also presented aggressive price targets in his long-term price roadmap. Based on Fibonacci extension levels, he saw Bitcoin's first long-term target at $200,000, explaining that this represents a rise of over 170% from the current price level above $73,000. The second target is $300,000, and the price curve on the chart suggested that this movement could unfold by the end of 2027 if market conditions remain favorable. The final peak forecast was presented around $500,000, which would represent a gain of over 580% from the current price if that target is reached.

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