Crypto Analyst at X Predicts Bitcoin to Reach $180,000 in 2025, Here’s His Analysis!
Jakarta, Pintu News—The Bitcoin market is showing a positive trend again, reaching the $94.9k target. This rise was triggered by the US President’s announcement of establishing a Crypto Strategic Reserve, which increased investor interest.
However, recent analysis suggests a historical pattern that might push the price of Bitcoin (BTC) to reach $180k. Let’s review the factors that influenced this price spike!
Effect of Presidential Announcement and Market Optimism
US President Donald Trump recently announced the creation of a Crypto Strategic Reserve, which was one of his campaign promises. Although this decision is still pending Congressional approval, the market response has been overwhelmingly positive.
This announcement immediately triggered a rise in the price of Bitcoin (BTC), showing how important political support is to the crypto market. This rise demonstrates investor confidence in Bitcoin (BTC) and confirms the crypto’s place in the global digital economy.
With the government’s support, the outlook for Bitcoin (BTC) is getting brighter, which could signal the beginning of a longer upward price trend.
Also read: Charles Hoskinson Refutes Speculation on Crypto’s Role in White House, What Does He Say?
Elliott Wave Analysis and $180K Price Prediction
A crypto analyst, Tony, used the Elliott Wave theory to identify similarities between Bitcoin’s (BTC) current price action and its historical cycles. This analysis shows that the price rally of 2023 is similar to the ongoing rally in 2025, predicting a price target of up to $180,000.
This prediction is supported by several other theories and analysts who expect Bitcoin (BTC) to reach this value by 2025. With several predictions in line, confidence in this price target has been strengthened. However, given the high market volatility, it is important to remain vigilant.
Read also: Will BNB Join the US Crypto Strategic Reserve?
Rally Continuity: What to Expect?
Bitcoin (BTC) is trading at $92.6k and has consolidated significantly. Despite this, trading volumes are still high, reaching $75.06 billion after surging 240%. This shows that investor interest is still very high, which could play an important role in continuing the price rally.
Given the favorable technical and fundamental factors, there is a high probability that Bitcoin (BTC) will continue to rise in price. Elliott waves indicate a potential spike to $180k, and if history does repeat itself, we may see that price reached in the coming months.
Conclusion
With various factors in its favor, including political support and technical analysis, the outlook for Bitcoin (BTC) looks promising. Although market volatility remains a consideration, current trends suggest that Bitcoin (BTC) has the potential to reach new price records.
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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. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference
- Coingape. Bitcoin History Rhymes as Analyst Points Out Similarities with $180k BTC Price Target. Accessed on March 4, 2025
- Featured Image: Generated by Ai
