Popular trader and technical analyst Chris Vermeulen has predicted that Bitcoin, one of the leading cryptocurrencies by market cap, could rally to as high as $135,000 in June. 

According to Vermeulen, Bitcoin currently shows a very similar pattern compared to late 2024. 

“The chart is primed and ready. We are long Bitcoin, and it is ready to have a big pop and move,” he said. 

Bitcoin is currently changing hands at $109,879, according to CoinGecko data. 

The largest cryptocurrency is up by nearly 3% over the past week. 

Last week, Bitcoin reached its current all-time high of roughly $112,000 on the Bitstamp exchange.