According to the technical analysis of the famous Bollinger Bands, a bullish explosion would be imminent for bitcoin.
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is it about to write a new page in the history of cryptocurrencies? According to the technical analysis of the famous Bollinger Bands, a bullish explosion would be imminent for the king of digital assets. In a context of renewed interest in alternative investments, this prediction attracts the attention of traders and analysts around the world. But how far could this rise lead?
Technical signals highlight bullish tension around bitcoin
Bollinger Bands creator John Bollinger recently drew attention to bitcoin’s current behavior. In a post on X (formerly Twitter), he called the current move a “live tutorial” on his flagship indicator. After breaking through the upper barrier of the bands, a phenomenon rarely seen since last November, bitcoin appears poised for a surge.
Bollinger Bands, let us recall, measure price volatility by plotting a moving average and its standard deviations. When the price approaches the upper band, it can signal either an imminent correction or an explosive continuation upwards. For Bollinger, the current “squeeze” of the indicator announces an upward trend, described as a march forward of the upper band, reinforcing the hopes of bitcoin investors.
Bold predictions for 2025
If technical signals point the way to an increase, some experts do not hesitate to make ambitious predictions for the years to come. Mauricio Di Bartolomeo, co-founder of Ledn, estimates that bitcoin could reach the equivalent of 50 ounces of gold, or around $132,500 at current rates. He sees bitcoin becoming a key component of investment portfolios, just like gold.
Robert Kiyosaki, a vocal Bitcoin advocate since 2017, puts the bar at $350,000 by 2025, while others like stock-to-flow model creator PlanB predict an average of $500,000, with potential peaks reaching $1 million. If these predictions come true, Bitcoin could reach a market cap of around $15 trillion, a dramatic rise from its current value of around $2 trillion.
Bitcoin analysis and predictions reflect a convergence of technical and fundamental optimism. However, every bullish move comes with uncertainties, reminding investors of the need for caution. With the outlook ranging from $132,000 to $1 million, 2025 could be a pivotal year for the flagship cryptocurrency.
