Download Pintu App
Jakarta, Pintu News – In the tumultuous world of cryptocurrencies, Bitcoin (BTC) 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 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.
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.
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.
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.
That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.
Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.
*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
© 2025 PT Pintu Kemana Saja. All Rights Reserved.
Kegiatan perdagangan aset crypto dilakukan oleh PT Pintu Kemana Saja, suatu perusahaan Pedagang Aset Keuangan Digital yang berizin dan diawasi oleh Otoritas Jasa Keuangan serta merupakan anggota PT Central Finansial X (CFX) dan PT Kliring Komoditi Indonesia (KKI). Kegiatan perdagangan kontrak berjangka atas aset crypto dilakukan oleh PT Porto Komoditi Berjangka, suatu perusahaan Pialang Berjangka yang berizin dan diawasi oleh BAPPEBTI serta merupakan anggota CFX dan KKI. Kegiatan perdagangan aset crypto adalah kegiatan berisiko tinggi. PT Pintu Kemana Saja dan PT Porto Komoditi Berjangka tidak memberikan rekomendasi apa pun mengenai investasi dan/atau produk aset crypto. Pengguna wajib mempelajari secara hati-hati setiap hal yang berkaitan dengan perdagangan aset crypto (termasuk risiko terkait) dan penggunaan aplikasi. Semua keputusan perdagangan aset crypto dan/atau kontrak berjangka atas aset crypto merupakan keputusan mandiri pengguna.