As Bitcoin (BTC) recovers from Tuesday’s sharp sell-off, a trading expert has outlined a path that could push the flagship cryptocurrency to a new all-time high.
Based on historical price patterns, Bitcoin could rise to $145,000 by September 2025, according to a June 18 post on TradingView by TradingShot
Bitcoin price analysis chart. Source: TradingView
The analysis highlighted the weekly timeframe as a key bullish signal, with Bitcoin closing five consecutive weekly candles above an important pivot trendline. This same level acted as strong resistance between December 9, 2024, and January 27, 2025, when all weekly closes remained below it.
In contrast, recent candles have closed above the trendline, suggesting a change in market structure. The past two weekly candles were nearly flat, showing market consolidation led by a balance between buyers and sellers.
Bitcoin’s possible 40% rally
Using Fibonacci analysis, TradingShot set the 1.0 level at the pivot line, proj
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