Bitcoin to trade at $180,000 on this date, according to expert
Bitcoin (BTC) could reach another record high above $150,000 in the coming years, with a long-term technical Analysis projecting a potential cycle peak between $160,000 and $180,000 by early September 2029. In a TradingView post on October 12, analyst TradingShot identified a potential profit-taking zone based on Bitcoin’s historical cycle peaks and a rising trendline dating back to December 2017. The Analysis also highlighted an approximately 1,430-day interval between the last two cycle tops. The projection comes as Bitcoin trades at $83,280, down 3.31% over the past 24 hours. According to the Analysis , Bitcoin’s historical bull-cycle peaks have aligned with the ascending trendline, suggesting the cryptocurrency could approach it again in late 2029. Bitcoin price analysis chart. Source: TradingView The projected $160,000 to $180,000 range represents a potential profit-taking zone, not a guaranteed price ceiling. At $180,000, Bitcoin would gain ...