A trading expert is projecting that Bitcoin (BTC) could spike by almost 50% by August 2025, based on the asset’s long-term bullish trend.
According to an analysis by TradingShot, the possibility of Bitcoin reaching $140,000 by August is based on the fact that the digital currency has completed a critical “Triple Cluster Support” rebound on its weekly chart.
In an X post on April 25, TradingShot noted that the rebound, which pushed Bitcoin toward the $95,000 resistance, occurred at three major technical levels: the 50-week moving average (MA), the former record high trendline, and the higher lows zone of the bull cycle.
Historically, rebounds at these levels have often triggered Bitcoin’s strongest parabolic rallies.
Furthermore, the analyst suggested that this move could initiate the final parabolic rally of the current cycle.
To this end, the expert asserted that even if Bitcoin only replicates the weakest rally pattern seen during the 2023–2025 period, the expected rise from the bottom would still be around 92%, indicating a target of around $140,000.
Indeed, Bitcoin is seeing more upside momentum amid growing signs that trade tensions between the United States and China might be cooling down.
Impact of trade wars on Bitcoin’s price
While trade tariffs previously drove massive capital outflows from equity markets, Bitcoin largely remained stable, trading below $90,000.
Now, the maiden digital currency is witnessing renewed interest after President Donald Trump announced a call with Chinese President Xi Jinping to discuss the ongoing tariff war.
In the context of trade wars, an analysis by RLinda in an X post on April 26 acknowledged that Bitcoin held firm during the tensions, defying the free fall in stocks and indices.
Her analysis shows that BTC is consolidating between the $90,000 support level and the $94,244 resistance level, with a base at $90,000 and a potential breakout targeting $97,914.
Besides the technical aspects, institutions are also turning bullish on Bitcoin toward the end of the year. As reported by Finbold, banking giant Standard Chartered predicted that the asset could trade at $200,000 by the end of 2025, with a longer-term target of $500,000 by 2028.
Bitcoin price analysis
At the time of writing, Bitcoin was trading at $94,248, up about 0.5% over the last 24 hours. On the weekly chart, the asset had rallied by more than 10%.
As things stand, Bitcoin is shaping up with bullish momentum, and volatility is largely moderate at 4.56%, suggesting relatively stable price action.
From a technical standpoint, the asset’s 50-day and 200-day simple moving averages (SMA) are at $85,010 and $86,254, respectively, both of which are well below the current price, further confirming the bullish trend.
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