Crypto Strategist Unveils Big Bitcoin Price Target for 2025, Predicts US Dollar Collapse Along the Way

A intently watched crypto strategist thinks Bitcoin (BTC) is now about to unleash the subsequent part of its bull market.

Pseudonymous analyst Kaleo tells his 648,200 followers on social media platform X that Bitcoin is now able to launch rallies that may final till the tip of 2025.

The dealer shares an inverse Bitcoin chart, suggesting that BTC will attain the trendline of its logarithmic progress curve subsequent yr to rise to its large value goal of round $220,000.

“Okay, I give in.

Be extra [bullish].”

Wanting on the dealer’s inverse chart, he appears to counsel that Bitcoin tends to see steep rallies just a few months after the halving, when rewards for BTC miners are halved.

Zooming in, Kaleo thinks Bitcoin will consolidate for just a few extra days earlier than forming spikes that clear a number of resistance ranges.

“Again to plan A.”

Primarily based on the chart, the analyst appears to foretell that Bitcoin will attain new all-time highs early subsequent month.

On the time of writing, Bitcoin is value $59,997, up greater than 3% on the day itself.

As for the US greenback index (DXY), the dealer believes that it has already reached its peak and is about to go to a a lot decrease degree, round 72 in 2026.

“Think about if the trail on this DXY map I drew 19 months in the past continues to play completely…

Simply think about.”

Initially Kaleo made the requires a DXY collapse in Might 2023. DYX has been following its set value path ever since.

The DXY is a measure that tracks the worth of the US greenback towards a basket of main fiat currencies. A plummeting DXY is normally bullish for dangerous property like shares and crypto. It means that traders are spending their {dollars} to build up dangerous property.

On the time of writing, the DXY is buying and selling at 100.898.

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