Analysts Say Bitcoin (BTC) Will Reach $180,000, Here’s the Analysis!

Jakarta, Pintu News – A veteran crypto analyst, known for his precise predictions of the peaks and bottoms of the Bitcoin BTC0.13%->Current BTC PriceRp 1.381.235.9890.13%Market CapRp 33.034 TriliunTrading VolumeRp 1.590 TriliunCirculating SupplyRp 19.797.675 market, has made another bold prediction. According to him, Bitcoin (BTC) still has the potential to reach $180,000 in this cycle.

Technical Analysis Used

Dave the Wave, a pseudonymous analyst, has shared his analysis with his 148,500 followers on social media platform X. He used the Gaussian channel, a trend indicator that helps identify price peaks and bottoms. From the chart presented, Dave the Wave predicts that Bitcoin (BTC) will reach its price target in December 2025, when the median line of the Gaussian channel reaches its peak.

The Gaussian channel not only helps in predicting long-term price movements, but also provides insight into market volatility. Although Bitcoin (BTC) experiences significant price fluctuations, this analyst believes that such volatility does not preclude the possibility of price increases.

Also Read: The Burning of 20 Million SHIBs: Will Shiba Inu Prices Skyrocket? (7/3/25)

Comparison with Previous Cycle

Dave the Wave also relates the current price movement to a correction that occurred in August 2024. At that time, Bitcoin (BTC) dropped to the 0.382 Fibonacci level before starting a new price rise. The Fibonacci retracement tool is often used by traders to determine entry and exit points based on Fibonacci ratios.

The use of this tool shows that any correction in the price of Bitcoin (BTC) is not the end of its upside potential. On the contrary, those corrections are often followed by a strong price rally. This analyst believes that the deep price drop will set the stage for a Bitcoin (BTC) rally towards around $180,000 by the end of the year.

Current Price Volatility

At the time of writing, Bitcoin (BTC) is trading at $91,650, up almost 5% in one day. Price fluctuations like this are often seen as a drag by many investors, but for experienced traders like Dave the Wave, this is a normal part of market dynamics.

This analysis shows that while the crypto market is known for its volatility, the long-term trend still shows significant upside potential. Investors and traders are reminded not to focus too much on short-term price movements, but to look at the bigger picture.

Conclusion

Bitcoin (BTC) price predictions of reaching $180,000 may sound fantastic, but with in-depth analysis and an understanding of technical indicators, this scenario is not entirely impossible. Investors and crypto market watchers will be keeping a close eye on this development, waiting to see if this bold prediction will materialize.

Also Read: Litecoin (LTC) Hit a Record High, Will the Price Surge? (7/3/25)

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Daily Hodl. Here’s How Bitcoin Hits $180,000 This Cycle, According to Analyst That Called 2021 Top. Accessed on March 6, 2025
• Featured Image: Generated by AI