Should Bitcoin (BTC) maintain its current support levels, it may be poised to achieve a remarkable new peak of $175,000 by the year’s end, according to historical technical analysis.
This potential rise to $175,000 would signify an almost 50% increase from its current price of $116,529.
Market analyst TradingShot suggests that this target is bolstered by Bitcoin’s recent bullish crossover on the weekly Stochastic Relative Strength Index (RSI), a reliable indicator that has historically signaled the beginning of substantial upward movements during bull markets.
In a post on TradingView dated September 16, the analyst pointed out that every instance of this signal since November 2022 has resulted in significant price increases ranging from 65% to over 100%.
The latest occurrence in April 2025 resulted in a modest surge of 65.9%, marking it as the least impressive rally within this cycle. Even if Bitcoin were only to replicate that performance level, it could still reach approximately $175,000—potentially capping off the ongoing bull run.
This optimistic outlook is further strengthened by Bitcoin’s position within its long-term ascending channel and supported by the key moving average over fifty weeks. The bullish crossover coincides with prices stabilizing above $110,000; historical trends indicate that another upward movement could materialize swiftly.
Taking into account Fibonacci extensions and analyzing the trajectory of this cycle suggests that reaching $175,000 could happen as early as December 2025.
The Bullish Target for Bitcoin in Q4
Pseudonymous cryptocurrency analyst BitBull, meanwhile, shares similar expectations for an all-time high during Q4 of 2025.
The analyst observed that Q4 typically brings about some of Bitcoin’s most significant gains—especially when September ends positively. This year marks one of Bitcoin’s strongest Septembers since back in 2013 which heightens anticipation for an intense rally leading into December.
Additonally,Bitcoin’s present configuration reflects a familiar pattern characterized by consolidation from August through September followed by sharp rallies in Q4—a trend seen both last year and earlier this year.
Nearing trading at around $117,000 now indicates completion of consolidation; historical data suggests we might see prices soar towards $150,000 before early December rolls around in 2025.
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