Bitcoin Targets $150K by Q3 2025 Amid Bullish Weekly Setup

By: cryptosheadlines|2025/05/02 22:15:01
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Bitcoin eyes a $125K–$150K peak by Q3 2025 if it reclaims the parabolic slope, backed by strong long-term trend structures.Technical patterns since 2017 including H&S, Double Tops, and Wedges confirm Bitcoin’s bullish trajectory within an ascending channel.With BTC near $96K, strong moving averages, stable volume, and a rising wedge suggest continued upside into the third quarter of 2025.According to Peter Brandt, Bitcoin continues its bullish path with a potential cycle top projected between $125,000 and $150,000 by August or September 2025. As of May 1, 2025, BTC trades at $96,397 registering a 2.80% weekly gain. Technical indicators show strong momentum, with the 8-week Simple Moving Average and 18-week Weighted Moving Average both trending upward. Furthermore, the price sits near key horizontal resistance around $100,000. If Bitcoin regains its broken parabolic slope, a steep rally could resume, pushing it toward its long-term cycle peak.Major Patterns Point Toward Continued UptrendSince mid-2017, Bitcoin has formed a series of technical patterns defining its macro trend. Between late 2018 and early 2020, BTC moved inside a descending triangle. It eventually broke out, followed by a large Head and Shoulders (H&S) pattern in 2020 that initiated a parabolic move. That run peaked in April 2021.Source: Peter BrandtFollowing the rally, a Double Top (DblT) formed, initiating a deep correction through late 2022. During this phase, a descending Channel (Chnl) structure emerged. Subsequently, a second Head and Shoulders pattern developed in mid-2022, pushing prices upward. Higher lows and strong support levels established a steady bullish trend.Structure Remains Intact Despite VolatilityBy early 2024, Bitcoin formed an Expanding Triangle (Exp), commonly linked to heightened volatility. Resistance zones were tested multiple times and ultimately broken, confirming the bullish breakout. Early in 2025, a rising Wedge (Wdg) developed, acting as a consolidation pattern.Additionally, Bitcoin continues trading within a long-term ascending channel. Two red trendlines frame this structure, guiding the overall macro trend. A parabolic curve intersects the upper boundary, aligning with a projected target of approximately $130,000. A red dot marks a potential high above $120,000, consistent with the channel top.Moreover, the volume of trading is constant at more than 234,000 BTC. The Average True Range (ATR) is 9,670, indicating increased volatility. The Average Directional Index (ADX) of 23.75 indicates moderate trend strength.Source link

You may also like

How to capture the next Alpha in the narrative of predictive markets?

The prediction market is by no means a new casino in the cryptocurrency world, but rather a pricing engine for "event assets" that fills a 400-year gap in financial history: an article that reveals how it will reshape the logic of wealth in the next decade.

"Legal" Ponzi scheme? Unveiling the circular lending of Gemini exchange and its founder

Internal related-party transactions and financial black holes have triggered a crisis of trust, and the valuation logic has completely collapsed in the secondary market.

The first stock of stablecoins, Circle, has officially launched the new public chain ARC points system, and the interactive guide is here

Arc is an internal project of Circle. Although it has not publicly raised funds, Circle Ventures launched the Arc Builders Fund (amount undisclosed) to attract investments from over 30 top VC networks in ecological projects.

Oil prices are approaching a critical point. What will happen in mid-April?

Time becomes the deciding factor, and the oil market will take three paths.

The oil price is approaching a critical point, what will happen in mid-April?

Time Becomes a Determining Factor as the Oil Market Takes Three Paths

Mechanism drives value, deflation leads the future: MIAU will officially launch on PancakeSwap on April 13

MIAU provides a new value paradigm for the industry with its threefold advantages of "FunPlusWeb3 trendy IP ecosystem + mechanism consensus + relative deflation."

Popular coins

Latest Crypto News

Read more