Bitcoin is expected to 'explode' to $200,000

Since Bitcoin rebounded from the bear market low of $15,500 in November 2022, it has accumulated a rise of 590%, with the current price around $107,000. Analyst Stockmoney Lizards pointed out that the weekly trend for Bitcoin shows continuously rising highs and lows, forming a clear upward channel.

The analyst stated on Monday on the X platform: 'Bitcoin is about to break through a multi-year channel.'

Accompanying charts show that Bitcoin's price is attempting to break through the upper trend line, with Stockmoney Lizards setting a short-term target of $140,000 and a year-end target of $200,000. 'The next round of market action will be extremely fierce.'

This view aligns with the analyst's previous predictions, indicating that if Bitcoin breaks through the monthly OTT optimization trend tracking band, the target for 2025 remains $200,000, with the potential to 'extend' to $250,000 next year.

Analyst Mags also believes that if Bitcoin breaks through the upper trend line similar to what Stockmoney Lizards indicated, 'it could trigger a massive bull market.' Mags' short-term target is the 2.618 Fibonacci level, or $155,000.

The prediction for Bitcoin to hit $200,000, especially in the second half of 2025, is becoming a hot target of market attention. For example, Sina, co-founder of 21st Capital, predicts that Bitcoin could reach a range between $130,000 and $200,000 in the fourth quarter of 2025 based on the power law model.

Bitwise Investment points out that U.S. President Trump's trade policies have weakened the dollar index, which may drive BTC to $200,000. Bernstein Research states that as Bitcoin spot ETFs and BTC treasury companies increase institutional demand, Bitcoin is expected to reach $200,000 by the end of 2025.