Bitcoin (BTC) 2025 Price Target By Bear Market Bottom

A popular trader known for his accurate cryptocurrency market predictions outlines his outlook for Bitcoin (BTC) in 2025.
Pseudonymous analyst Dave the Wave tells his 146,900 followers on social media platform X that Bitcoin could skyrocket nearly 214% from its current value by the end of next year.

The analyst shares a chart in which he uses his own version of logarithmic growth channels (LGC), which aims to forecast the highs and lows of market cycles while filtering out short-term volatility and noise.

“BTC technical target of $200,000 by the end of 2025.”

He also says Bitcoin appears to be forming a cup-and-handle pattern on the weekly chart. A cup-and-handle formation is typically seen as a bullish continuation pattern, suggesting that an asset is taking a breather after a strong rally before taking out a key resistance level.

“Anyone for a cup and handle formation in BTC?”

Finally, he suggests that Bitcoin may end the year in an uptrend, as the crypto flagship may be printing a bullish pattern on the daily chart of higher price lows and higher price highs.

“Preparing fireworks for BTC’s fourth quarter? Does this mark the beginning of the trend change with higher local lows and higher highs?”

Bitcoin is trading at $90k at the time of writing, up 7% in the last seven days.