As Bitcoin (BTC) approaches the $70,000 resistance level, a crypto analyst has highlighted chart patterns that suggest BTC could reach a peak between $140,000 and $160,000 during this cycle.
Notably, an analysis by TradingShot leverages the so-called “Angle Theory,” previously covered by Finbold. This theory, based on the logarithmic growth curve, provides a clear roadmap for BTC’s next major price milestone, projecting a peak by late 2025.
Historically, Bitcoin’s price has followed well-defined cyclical patterns, supporting this forecastDespite growing optimism, prominent analysts present a more cautious outlook.
Ali Martinez believes BTC is nearing the limits of its current rally, while Alan Santana warns that the recent surge may not be a genuine bullish impulse but rather a ‘bull trap.’ Meanwhile, other analysts, such as RLinda, suggest that market manipulation may be driving the current rally.
Historical cycle peaks and angle patterns
According to th
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