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
- The Super Mario Galaxy Movie: 50 Easter Eggs, References & Major Cameos Explained
- Surprise Isekai Anime Confirms Season 2 With New Crunchyroll Streaming Release
- 10 Best Free Games on Steam in 2026, Ranked
- Sydney Sweeney’s The Housemaid 2 Sets Streaming Release Date
- ‘Project Hail Mary’: The Biggest Differences From the Book, Explained
- Frieren: Beyond Journey’s End Gets a New Release After Season 2 Finale
- Starfield (PS5) Review – A Successful Cross-Console Voyage
- All 7 New Supes In The Boys Season 5 & Their Powers Explained
- Welcome to Demon School! Iruma-kun season 4 release schedule: When are new episodes on Crunchyroll?
- Skate 4 – Manny Go Round Goals Guide | All of the Above Sequence
2025-08-13 23:35