According to market analyst GERT Van Lagen, Bitcoin (BTC) came from four years of optimistic megaphone pattern, which can achieve new records in the next few months.
BTC is watching the price target of $ 270,000-300,000 in 2025.
The optimistic megaphone pattern, which is also called a wide wedge, is formed when the price is produced when producing a series of high and low lowest lines. As a technical rules, the exemption on the upper limit of the pattern can cause a parabolic increase.
BTC/USD weekly price chart. Source: Gert van lagen
In November, Bitcoin was integrated over it beyond the top trend line of the pattern.
Lagen’s chart emphasizes BASE 1, Base 2, Base 3, and Base 4, the same accumulation structure, such as supporting the order price discovery process before the bitcoin parabolite rises.
Base 1: The end of the bear market at the lower boundary of the megaphone.
Base 2: Waving weak hands before BTC supports bear trap.
Basic 3: The price expansion stage is the highest staircase formation.
Basic 4: The final integration and price discovery before the escape are progressing well.
Examples of formation as parabolic curve phases. Source: Gert van lagen
On the other hand, Lagen uses Elliott Wave theory to project Bitcoin’s brake out goals and maps the price trajectory according to the continuous accumulation stage within the megaphone pattern.
According to his analysis, BTC is now the final and most parabolic stage of waves (5) -impulses. In principle, the wave 5 tends to extend the length of the wave length (3), which matches the Fibonacci-based price target within $ 270,000-300,000 by 2025, to 1.618x-2.0X.
Bitcoin’s “GOLD PATH” supports $ 300,000+ forecasting.
The analyst APSK32 suggested that BTC can follow the similar path of $ 400,000 in comparison with Bitcoin’s trajectory with GOLD’s historical rise.
Analysts pointed out that Bitcoin has never been five years ahead of Trendline by using a normalized power method for the GOLD’s Cooker CAP.
Bitcoin’s gold regularization market cap. Source: APSK32
The optimistic outlook is led by the increase in the adoption of financial assets among Bitcoin companies, reflecting the role of gold by storing gold value.
Even traditional financial giants, such as Italy’s Intesa Sanpaolo, have begun to increase their trust in BTC as legal asset classes.
Historically, gold was a safe asset of the government and institutions, and Bitcoin is currently considering strategic Bitcoin protection area with US President Donald Trump.
relevant: What is the price of Bitcoin in 2025 and 2045?
TIMOTHY PETERSON further cited network growth and historical adoption curves, expecting Bitcoin to increase to $ 1.5 million by 2035. Meanwhile, ARK Invest CEO CATIE WOOD is expected to reach the same price goal, but BTC is in 2030.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.