Oh, darling! 🤑 The chart, you see, is simply divine! Bitcoin‘s price action is climbing within a long-term ascending channel, and it’s currently trading around $122K, brushing up against the midline of that channel. How terribly thrilling! 😍 Dave’s model suggests a steady grind higher into late 2025, with the upper bound pointing toward that $170K target. How delightfully optimistic! 🙄
But, of course, 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+! Good heavens! 😲
A conservative Bitcoin technical target of $170,000 in 2025, source: X
Bottom line, sweetie: 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. After all, one wouldn’t want to be left behind, darling! 😉
Bitcoin is approaching a new all-time high above $123,000, source: Bitcoin Liquid Index
And do remember, the team at Bitwise has predicted $200,000 as their Bitcoin price target for 2025. It’s looking more and more likely. How simply spiffing! 🎉
Could we see a $200,000 Bitcoin in Q4 2025?
Read More
- Kunitsu-Gami: Path of the Goddess ‘Mazo Talisman: Yashichi Waves’ update launches in July
- Deadlock The Doorman Guide: Big Tips & Tricks
- Steam RPG From 2023 Being Removed Next Month and PC Users Aren’t Happy: “Huge Potential Wasted”
- Gears of War: Reloaded is Now Available
- ‘LEGO Batman: Legacy of the Dark Knight’ Reveals Its 7 Main Batsuits
- ‘My Name Is Jeff’: Channing Tatum Played Another Jeff In Roofman, And Is Considering Legally Changing His Name
- Alabaster Dawn Demo is Now Available on PC
- Yakuza Maker’s Next PS5 Game Gets a Brief Behind-the-Scenes Video
- Preview: Teamwork Is the True Terror of Little Nightmares 3
- No Upgrade Path for the Belated PS5 Version of Yakuza 0 Director’s Cut
2025-08-13 23:35