Top Analyst that Predicted 2021 Bitcoin Collapse Hints BTC Price Could Hit 200k in 2025

09 Apr, 2025

Former SEO Writer

Expertise : Crypto News & Market Analysis, Content Strategy & SEO Writing

Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.

Read full bio

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Analysts Warn BTC Price Crash to $10K as Glassnode Flags Structural Weakness

Highlights

Bitcoin price declined below $75k amid Donald Trump's trade war.
Renowned analysts predict the Bitcoin price will hit $200k by 2025 end.
Analyst predicted a BTC price rally based on the trend cycle, bullish pattern formation, and technical factors.

AD Trade Bitcoin, Ethereum and 500+ cryptocurrencies on Bitget - Trade Now

A top crypto analyst known for his accurate Bitcoin price crash prediction has resurfaced, but this time with a bullish take. As the crypto market continues its downtrend, the affected cryptocurrencies, including Bitcoin and others, are struggling. As a result, it is building fear among investors. Interestingly, a few experts believe this is nothing new to the BTC’s price journey. More importantly, it is set to reach the $200k mark. How? Let’s discuss this.

Crypto Analyst Predicts Bitcoin Price to Hit 200k in 2025

Despite the lingering fearful sentiments among investors, a renowned pseudonymous crypto analyst, Dave the Wave, predicts that the biggest crypto is going to hit $200k within this year. In an X post, he analysed the Bitcoin chart and claimed it would see $200k at the end of the year.

A BTC repeat would see 200K at the end of the year.

His analysis is based on the BTC price chart that formed the ascending parallel channel and several other indicators. The analyst believes that the token has been in a bullish pattern since 2022, with a top of $200k as the upper boundaries align with that.

More importantly, The Bitcoin price chart is mirroring a historical pattern, which resulted in the 172% rally in the previous year. If the action continues, the token’s price could jump from the current value of $77.4k to $201k by November 2025.

Additionally, Dave’s chart mentions technical factors such as Fibonacci’s retracement level bouncing from the historically proven key resistance level of $0.382. A move past this often resulted in a strong Bitcoin bull market.

However, the odds of a crash remain as Trump’s tariff implementation hints at the crypto market’s further unpredictability.

Investors’ Macroeconomic Concerns Impact Bitcoin Price

The BTC analysts’ price prediction brought optimism among readers. However, at the same time, few questioned the credibility of the forecast as Trump’s trade war, US recession odds, and various other macroeconomic events are impacting the digital assets.

In a blog post, Dave claimed that Bitcoin has been struggling due to investors’ high hopes since it breached $100k. He acknowledged the BTC panic but claimed that he would be bullish as long the token continued to trade above the crucial support of $74k.

“That level is $74,000. Wouldn’t want to see the price below that.”

Currently, it is at $77.4k, but various Bitcoin price predictions show recovery amid the Fed’s emergency rate cuts and other factors.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Frequently Asked Questions (FAQs)

1. Why is Bitcoin price crashing?

Due to Donald Trump's trade war, Bitcoin's price is struggling amid a broader financial market crash.

2. Why does this analyst believe the Bitcoin price will hit $200k by 2025 end?

The crypto analysts anticipates a Bitcoin price of $200k amid ascending parallel pattern formation and technical factors suggesting a rally.

3. What can affect this bullish trajectory?

Various macroeconomic events could impact the BTC's bullish trajectory, but analysts advise investors not to worry as long as the BTC is above the critical level.

TAGS
Crypto Market

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.