Bitcoin (BTC) Headed to $400,000? Analysts Predict a Significant Rise

Jakarta, Pintu News – In the tumultuous world of cryptocurrencies, Bitcoin always manages to grab attention with its phenomenal price increases. Recently, leading market analyst EGRAG Crypto issued a very bullish prediction, stating that $175,000 is just a “blip” before a huge surge towards a possible cycle peak of $400,000. Currently, Bitcoin (BTC) is trading near $121,000, having retreated from its previous record high of $126,000.

EGRAG Channel Model and Price Prediction

EGRAG Crypto uses a channel model that shows that Bitcoin (BTC) has experienced steady accumulation before significant price spikes in the past. In the current model, the lower limit of the channel shows a target at $175,000, while the middle target of the channel is near $250,000, and the upper limit could reach $400,000.

This analysis suggests that even a moderate increase in the channel could push Bitcoin (BTC) to reach $175,000, an achievement that is considered realistic in this phase of the cycle.

Market Context and Euphoric Phase

Recent data from Glassnode shows that more than 95% of the current circulating Bitcoin (BTC) supply is profitable, a hallmark of the so-called “euphoric” phase. This phase is often followed by a massive increase in interest and investment in Bitcoin (BTC), pushing the price to higher levels.

Read also: 2 Big Risks Threatening Bitcoin (BTC) Movement, According to Analysts

EGRAG Crypto emphasizes that $175,000 is a key target in the short term, given the current market momentum and the historical slope of the previous channel.

The Relationship Between Gold and Bitcoin (BTC) Predictions

EGRAG Crypto had previously predicted that the price of gold would reach $3,500 and has now reached around $4,000. This rise in gold prices strengthens the Bitcoin (BTC) thesis as both assets are often seen as a safe store of value amid distrust of the fiat system.

With gold having reached its predicted target, the analyst sees Bitcoin (BTC) following a similar trajectory, with capital continuing to move from traditional assets to deflationary stores of value.

Conclusion

By all indicators and analysis, the future of Bitcoin (BTC) looks very bright. Despite the possibility of a price correction called the “Suckers Rally”, the long-term outlook shows significant upside potential. Investors and market watchers will continue to watch with great enthusiasm to see if these bullish predictions will materialize.

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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 and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• CoinEdition. Bitcoin Analyst Sees $175k as Midpoint Before $400k Peak. Accessed on October 9, 2025
• Featured Image: Investing News Network