Global blockchain supervision and query platform

English
Download

Top Analyst Unveils Massive Bitcoin Price Target by End of 2025, Says BTC Chart Looks Beautiful

Top Analyst Unveils Massive Bitcoin Price Target by End of 2025, Says BTC Chart Looks Beautiful WikiBit 2024-02-11 19:04

Top Analyst Unveils Massive Bitcoin Price Target by End of 2025, Says BTC Chart Looks Beautiful

A closely followed crypto strategist who nailed the end of Bitcoins 2021 bull market believes that BTC will print nearly 4x gains before 2025 expires.

Pseudonymous analyst Pentoshi tells his 753,000 followers on the social media platform X that Bitcoins three-day chart looks “beautiful.”

According to the crypto strategist, it is within the realm of possibility for Bitcoin to witness a rally of about 277% from current levels within the next 22 months.

I think its possible we see BTC at $180,000 by the end of 2025…

And I certainly don‘t feel it’s all that crazy with where the world is at, and going. If for any reason, something happens or new information comes to light, then obviously I will admit Im wrong.

But to date, at least on high time frames. Have been pretty spot on more often than not.

Source: Pentoshi/X

According to Pentoshi, the approval of spot Bitcoin exchange-traded funds (ETFs) has given the wealthiest generation access to the crypto king. The analyst predicts that the market cap of BTC can skyrocket by more than 5x in the coming years.

“Our entire asset class is smaller than individual stocks boomers bid up every day. Look how they gobbled up and swallowed the GBTC (Grayscale Bitcoin Trust) supply. What makes you think BTC wont be a $5 trillion asset in the next several years?”

Pentoshi also highlights one of BTC‘s strongest narratives: Bitcoin’s supply is capped at 21 million coins in a world where governments can print money at will.

“BTC should continue to trade like it has finite supply, and like fiat money is unlimited on a long enough time frame.”

At time of writing, Bitcoin is trading at $48,277 with a market cap below $1 trillion.

Generated Image: Midjourney

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

  • Token conversion
  • Exchange rate conversion
  • Calculation for foreign exchange purchasing
/
PC(S)
Current Rate
Available

0.00