If Bitcoin (BTC) holds current support levels, the asset could be on track to set a new record high of $175,000 before the end of the year, as per historical technical trends.
In this line, a move to $175,000 would represent a nearly 50% rally from the press-time value of $116,529.
Regarding the price outlook, according to market analyst TradingShot, this target is supported by Bitcoin completing a bullish cross on its weekly Stochastic Relative Strength Index (RSI), a signal that has historically marked the start of strong upward moves in the ongoing bull cycle.
In a September 16 TradingView post, the analyst highlighted that every occurrence of this signal since November 2022 has triggered significant rallies, ranging from 65% to over 100%.
The most recent instance in April 2025 led to a 65.9% surge, the weakest advance of the cycle. Even if Bitcoin matches only that performance, the price would climb toward $175,000, potentially marking the peak of the current bull run.
The outlook is further reinforced by Bitcoin’s position within its long-term rising channel, supported by the 50-week moving average. The bullish cross comes as the price consolidates above $110,000, with historical patterns suggesting the next leg higher could unfold quickly.
Based on Fibonacci extensions and the current cycle’s trajectory, the $175,000 target is projected for early December 2025.
Bitcoin’s Q4 bullish target
Elsewhere, pseudonymous cryptocurrency analyst BitBull echoed the expectation of a record high in the final quarter of 2025.
The analyst noted that Q4 has consistently delivered Bitcoin’s strongest gains, especially when September closes in positive territory. This year, Bitcoin is recording its best September since 2013, raising expectations of a powerful rally through December.
At the same time, Bitcoin’s current setup mirrors a recurring pattern of August to September consolidation followed by steep Q4 rallies, seen in both 2023 and 2024.
Now trading near $117,000, the consolidation appears complete, with historical trends pointing to a surge toward $150,000 by early December 2025.
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