Bitcoin reaching $340,000 in 2025 is a price target supported by some prominent analysts and technical patterns, with key factors such as Federal Reserve rate cuts and broader macroeconomic influences playing a major role.
Key Points:
Technical Analysis & Pattern:
Crypto analyst PlanD supports the $340,000 target based on a 3-year cup-and-handle formation, a classic bullish pattern.
The "cup" formed from Bitcoin’s crash in 2021 to stabilization in March 2024, and the "handle" is the recent consolidation below $112,000.
This pattern suggests a breakout if Bitcoin holds above a critical support range between $91,000 and $100,000.
Holding this zone is essential, as falling below could lead to deeper corrections instead of a surge to $340K.
Influence of Fed Rate Cuts:
Anticipated Federal Reserve interest rate cuts in late 2025 or early 2026 could spur a risk-on environment.
Lower rates would encourage more investment into risk assets like Bitcoin by making borrowing cheaper and reducing the attractiveness of traditional bonds and savings.
This macroeconomic shift could act as a catalyst for Bitcoin pushing toward higher price levels.
Trump’s Political and Economic Impact:
Political policies championed by former President Trump, including economic growth initiatives, deregulation, and a focus on financial innovation, have indirectly influenced investor sentiment toward risk assets.
Markets often react to shifts in regulatory certainty and economic stimulus measures related to political developments, which can feed into Bitcoin’s momentum.
Market Context & Price Dynamics:
Bitcoin currently trades around $104,000 (August 2025) after hitting all-time highs near $112,000.
Experts forecast that if Bitcoin can sustain above the $91K-$100K support level, a rally to $340,000 could occur within 2025, fueled by institutional demand, ETF inflows, and favorable macro conditions.
Other analysts project more conservative ranges near $150,000 by 2026, with some long-term bullish calls pushing into $500,000 or more in coming years.
Summary Table
Bitcoin’s path to $340,000 depends fundamentally on maintaining key support levels and benefiting from macroeconomic tailwinds including Fed monetary easing and supportive political-economic environments. Investors should watch these factors closely for signs of breakout or breakdown.
