Bitcoin at $250,000? When to Expect

After Donald Trump's victory, Bitcoin's positive momentum might push the price to $245,000 this cycle, according to a crypto expert. Based on logarithmic chart patterns and historical data, the analyst predicted this massive price jump timetable.

Behdark noted that Bitcoin was moving inside a proper price channel, with the median and resistance trend lines formed from prior highs. These trendlines suggest a 2025 price goal of $245,000–$250,000.

The analyst originally had a medium-to-long-term Bitcoin price objective of $169,000, but now it's $245,000. Bitcoin is now trading at $95,107, down 2.18% in 24 hours. If the cryptocurrency reaches $245,000, its value will rise 157%.

Logarithmic charts and price channels, which are valuable for analyzing cryptocurrencies, underpin Behdark's positive Bitcoin predictions. These charts indicate medium-to-long-term bitcoin market patterns.

The expert said that Bitcoin breached major resistance levels between $77,000 and $78,000, signaling a market attitude change. The resistance range has become a price floor, which will sustain Bitcoin.

Behdark predicts Bitcoin will retest this broken resistance level if its price decreases. Bitcoin price activity also shows a $77,000 Chicago Mercantile Exchange (CME) gap that, if filled, may boost bullish sentiment and Bitcoin's upward momentum.

Behdark also predicted that a Trump administration would affect Bitcoin's price. The expert stated that Trump's support for cryptocurrencies and his four-year presidency may boost the crypto market.

Behdark thinks good political circumstances might encourage cryptocurrency adoption and improve Bitcoin's market value. He predicted significant profits, but investors should be cautious and careful about risk management throughout his bull cycle.

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