**Bitcoin Eyes $87K by 2025, Faces Short-Term Resistance**

Bitcoin (BTC) could hit $87,000 by early 2025, according to popular analyst Titan of Crypto, who cited the Power Law Corridor in an Aug. 29 post. This model measures the correlation between Bitcoin's price and time, often used by long-term holders.

Other analysts, like Trader Tardigrade, also predict a bullish trend, noting Bitcoin's support from the Gaussian Channel since January 2023.

However, BTC faces a crucial short-term resistance at $59,600. Breaking this level could trigger an upward move, but consolidation might delay the breakout until October, according to market analyst Elja Boom.

Investors should conduct their own research before making any decisions.