A trading expert predicts Bitcoin (BTC) could increase nearly 50% in August 2025, based on the long-term upward trend of this asset.
According to TradingShot's analysis, the possibility of Bitcoin reaching 140,000 USD in August stems from the digital currency's recent important breakthrough from the "Triple Cluster Support" zone on the weekly chart.
In a post on X on April 25, TradingShot noted that this breakthrough - pushing Bitcoin towards the 95,000 USD resistance level - occurred at three key technical levels: the 50-week Medium Average, the old peak trend line, and the higher dip area in the price cycle.
In the past, breakthroughs at these levels typically triggered the strongest parabolic increases of Bitcoin. Additionally, the expert believes this movement could open the final parabolic increase of the current cycle.
TradingShot believes that even if Bitcoin only repeats the weakest price increase pattern recorded during the 2023-2025 period, the expected increase would still be around 92% from the dip, corresponding to a target near 140,000 USD.
In fact, Bitcoin's price is showing a return to growth amid many positive signals that trade tensions between the US and China are cooling down.
Previously, trade tariff periods had caused strong capital outflows from the stock market, but Bitcoin largely maintained stability, fluctuating below the 90,000 USD mark.
Currently, the "coin king" is attracting new attention after President Donald Trump announced he will have a phone call with Chinese President Xi Jinping to discuss the ongoing tariff war.
Related to this context, RLinda's analysis posted on X shows Bitcoin has maintained its price throughout the tense period, despite stock and index declines. RLinda noted that BTC is accumulating in the 90,000 USD support and 94,244 USD resistance zones, with a base price at 90,000 USD and the potential to break through towards 97,914 USD.
Besides technical factors, institutional capital is also becoming positive for Bitcoin as it enters the second half of the year. Specifically, banking giant Standard Chartered predicts Bitcoin could reach 200,000 USD by the end of 2025 and potentially 500,000 USD by 2028.
At the time of writing, Bitcoin is trading at 94,110 USD, slightly decreasing by about 0.26% in the past 24 hours. However, on a weekly timeframe, this asset has increased by over 10%.
Currently, Bitcoin is consolidating its growth momentum with solid strength, while volatility remains relatively stable at 4.56%, indicating quite a solid price action. Technically, the 50-day and 200-day simple Medium Averages are at 85,010 USD and 86,254 USD respectively - both lower than the current price - further reinforcing the upward trend signal.
Disclaimer: The article is for informational purposes only, not investment advice. Investors should thoroughly research before making decisions. We are not responsible for your investment choices.
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