Bitcoin Chart of the Day, New All-time Highs Method – $170Ok in Sight?

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Bitcoin Chart of the Day, New All-time Highs Method – $170Ok in Sight?

Revered Crypto chartist Dave the Wave is again with one other macro Bitcoin forecast, and this one’s spicy — a conservative Bitcoin technical goal of $170,000 in 2025. Sure, conservative.

The chart exhibits BTC value motion climbing inside a long-term ascending channel. Proper now, Bitcoin is buying and selling round $122Ok, brushing up towards the midline of that channel. Dave’s mannequin suggests a gentle grind increased into late 2025, with the higher sure pointing towards that $170Ok goal.

What’s attention-grabbing is that Dave calls this the lowball situation. In a “manic, overheated” market — assume retail FOMO, ETF inflows, and your Uber driver providing you with altcoin suggestions — the worth may rip effectively past that. The channel’s high edge even hints at the potential of $200Ok+.

The chart shows BTC price action climbing within a long-term ascending channel. Right now, Bitcoin is trading around $122K, brushing up against the midline of that channel. Dave’s model suggests a steady grind higher into late 2025, with the upper bound pointing toward that $170K target. What’s interesting is that Dave calls this the lowball scenario. In a “manic, overheated” market — think retail FOMO, ETF inflows, and your Uber driver giving you altcoin tips — the price could rip well beyond that. The channel’s top edge even hints at the possibility of $200K+. A conservative Bitcoin technical target of $170,000 in 2025, source: X Bottom line: If Bitcoin holds this structure and momentum, the technicals support six figures as the new normal, not just a blow-off top. Whether we get the “conservative” $170K or the frothy moonshot depends entirely on how crazy the crowd gets. If you don’t already own Bitcoin, now could be the right time to buy Bitcoin before the price starts going exponential. Bitcoin is approaching a new all-time high above $123,000, source: Bitcoin Liquid Index Remember, the team at Bitwise has predicted $200,000 as their Bitcoin price target for 2025. It’s looking more and more likely. Could we see a $200,000 Bitcoin in Q4 2025?

A conservative Bitcoin technical goal of $170,000 in 2025, supply: X

Backside line: If Bitcoin holds this construction and momentum, the technicals assist six figures because the new regular, not only a blow-off high. Whether or not we get the “conservative” $170Ok or the frothy moonshot relies upon solely on how loopy the gang will get. When you don’t already personal Bitcoin, now could possibly be the best time to purchase Bitcoin earlier than the worth begins going exponential. 

The chart shows BTC price action climbing within a long-term ascending channel. Right now, Bitcoin is trading around $122K, brushing up against the midline of that channel. Dave’s model suggests a steady grind higher into late 2025, with the upper bound pointing toward that $170K target. What’s interesting is that Dave calls this the lowball scenario. In a “manic, overheated” market — think retail FOMO, ETF inflows, and your Uber driver giving you altcoin tips — the price could rip well beyond that. The channel’s top edge even hints at the possibility of $200K+. A conservative Bitcoin technical target of $170,000 in 2025, source: X Bottom line: If Bitcoin holds this structure and momentum, the technicals support six figures as the new normal, not just a blow-off top. Whether we get the “conservative” $170K or the frothy moonshot depends entirely on how crazy the crowd gets. If you don’t already own Bitcoin, now could be the right time to buy Bitcoin before the price starts going exponential. Bitcoin is approaching a new all-time high above $123,000, source: Bitcoin Liquid Index Remember, the team at Bitwise has predicted $200,000 as their Bitcoin price target for 2025. It’s looking more and more likely. Could we see a $200,000 Bitcoin in Q4 2025?

Bitcoin is approaching a brand new all-time excessive above $123,000, supply: Bitcoin Liquid Index

Keep in mind, the workforce at Bitwise has predicted $200,000 as their Bitcoin value goal for 2025. It’s wanting more and more likely. 

The chart shows BTC price action climbing within a long-term ascending channel. Right now, Bitcoin is trading around $122K, brushing up against the midline of that channel. Dave’s model suggests a steady grind higher into late 2025, with the upper bound pointing toward that $170K target. What’s interesting is that Dave calls this the lowball scenario. In a “manic, overheated” market — think retail FOMO, ETF inflows, and your Uber driver giving you altcoin tips — the price could rip well beyond that. The channel’s top edge even hints at the possibility of $200K+. A conservative Bitcoin technical target of $170,000 in 2025, source: X Bottom line: If Bitcoin holds this structure and momentum, the technicals support six figures as the new normal, not just a blow-off top. Whether we get the “conservative” $170K or the frothy moonshot depends entirely on how crazy the crowd gets. If you don’t already own Bitcoin, now could be the right time to buy Bitcoin before the price starts going exponential. Bitcoin is approaching a new all-time high above $123,000, source: Bitcoin Liquid Index Remember, the team at Bitwise has predicted $200,000 as their Bitcoin price target for 2025. It’s looking more and more likely. Could we see a $200,000 Bitcoin in Q4 2025?

May we see a $200,000 Bitcoin in This fall 2025?

 

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