Bitcoin ‘Time Bomb’ Setup Targets $150K By 2025
Blinking signs point to an explosive move to the $100,000-$150,000 range for Bitcoin (BTC) in the first quarter of 2025.
The classic pattern of BTC price suggests a big breakout
Bitcoin's recent price action shows a convergence of technical indicators that are in line with a breakout. The most popular pattern seen on the charts is the “cup and handle”, a classic technical formation that shows bullish continuation.
This pattern features a rounded bottom (cup) and a continuous reinforcement step (handle). The formation of the handle indicates a period of consolidation, often before a major bullish breakdown.
In the case of Bitcoin, the cup started to form after the peak in late 2021, the handle is currently taking shape as the cryptocurrency swings below the 65,000-$69,000 resistance level.
A cap-and-handle pattern resolves when the price breaks above the neckline resistance and, as a technical rule, rises at the maximum distance between the neckline and the lowest point of the cup.
In the case of Bitcoin, the distance between the bottom of the cup (around $15,000) and the resistance on the edge (near $65,000) is approximately $50,000.
Projecting this distance upwards from the collision point, independent analyst Elja suggests that BTC could reach between $110,000 and $130,000 in early 2025.
Bitcoin “Time Bomb” – Analyst
A series of indicators highlighted by anonymous analyst Nstay suggest an impending move to add weight to a cup-and-handle bullish setup.
For example, Bitcoin's weekly Bollinger Bands Width (BBW) indicator has been contracting since June. Technically, a contracting BBW indicates low volatility in the market, which, historically, precedes major price movements.
Meanwhile, momentum oscillators such as Stochastic RSI and Relative Strength Index (RSI) indicate oversold conditions.
Nstay highlights the popular Crypto Fear & Gray Index, which is positioned in the “fear” realm. Historically, periods of high panic have preceded some of Bitcoin's most explosive upward moves, reducing oversold conditions and selling pressure.
Related: Analysts Eye $92K BTC As Bitcoin Set For 3-Month Historic Rally
The macroeconomic background adds further weight to this crash position. A rising global liquidity index suggests increased capital inflows into risky assets like Bitcoin.
This increase in liquidity, combined with Bitcoin's tight price action—which Nstay has described as a “time bomb”—creates a potentially volatile market, especially as we head into October and November.
This article does not contain investment advice or recommendations. Every investment and business activity involves risk, and readers should do their own research when making a decision.