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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
Analysis: BTC is expected to rise to $110,000, but it may first fall below $40,000.
According to the analysis of encryption analysts Titan of Crypto and Elja Boom, the price of Bitcoin (BTC) is expected to reach $110,000 in 2025. Titan of Crypto pointed out that BTC is forming a bullish chart pattern called a "cup and handle", which suggests that the future price may pump. Elja Boom mentioned that once BTC's "inverse head and shoulders" pattern is broken, it will push the price above $100,000. He predicts that this high point will occur in the fourth quarter of 2024, and may reach $100,000 in the first quarter of 2025. However, not all analysts are so optimistic. Analyst Magoo PhD warns that BTC may first pullback to below $40,000 before a potential pump in 2025. In addition, analyst Moustace believes that even if there is a pullback, the market bottom will be around $57,000. According to CoinGlass data, BTC currently has significant support at $57,000. If it falls below this level, it could lead to the liquidation of leveraged short positions worth more than $860 million. Despite the uncertainty of BTCPA, the market generally expects the price to break through six figures in the coming years.