Renowned Strategist Says “Bitcoin Has Bottomed Out,” Reveals Bullish Price Forecast for February

Leading macro strategist Mel Mattison is known for his in-depth analysis of global markets and digital assets.

In a conversation with Anthony Pompliano, where he discussed the key macro forces shaping the markets, Mattison explained that he believes Bitcoin (BTC) is preparing for its next major rally and that the bottom has been seen.

Mattison’s analysis suggests that Bitcoin is quietly forming a strong base. The strategist has set an ambitious short-term target starting from current levels:

Mel Mattison predicts Bitcoin could rally 50% to $150,000 by the end of February. He also notes that $140,000 is still possible by the end of the year.

Mattison interprets Bitcoin’s recent pullback from around $98,000 as a “healthy move” that touched the lower boundary of its two-year-long ascending channel and a “bottom” that lays the groundwork for the next big move.

Mattison stated that Bitcoin needed a breathing space after its tremendous rise in the last two years, and that during this consolidation period, the supply held by early investors was spread to the broader market through ETFs of institutions like BlackRock, and that this was a healthy process that took place without collapsing the price.

The global macroeconomic and geopolitical factors discussed in the conversation are considered “bumps in the road” in Mattison’s analysis, but not structural threats that will end the long-term bull market:

Mattison acknowledged that issues such as the U.S. Supreme Court’s decision on tariffs, a possible government shutdown and whether the Fed will cut interest rates in December have created uncertainty in the market.

He suggests that geopolitical tensions, such as a possible US military intervention in Venezuela, could cause a 5-10% drop in the market in the short term, but this would not end the long-term bull trend.

*This is not investment advice.