Bitcoin is anticipated to hit $245,000 by 2025, according to crypto analyst Behdark. He bases this on Bitcoin's bullish momentum post-Trump’s election win. Utilizing logarithmic chart patterns, he provides historical data supporting his prediction.
Behdark's report offers a technical overview using a two-week time frame chart of Bitcoin's recent trends and potential movements. The analyst points to a valid price channel, predicting prices between $245,000 and $250,000.
Adjusting his target from $169,000, Behdark now expects a 157% price increase. His projections rely on price channels and cryptocurrency market trends analyzed via logarithmic charts.
Behdark notes Bitcoin has surpassed critical resistance levels, making them new support. A significant CME gap around $77,000, if filled, could boost bullish momentum.
Additionally, a Trump presidency could enhance Bitcoin’s trajectory. Trump’s favorable stance on cryptocurrencies might fuel adoption and uplift digital asset market caps, leading to profitable opportunities for investors.
