Bitcoin’s Gold Digger Moment: Will It Hit $130K by 2025? 💰✨

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So, Bitcoin is basically taking a stroll down memory lane, following in gold‘s fancy footsteps. According to our crypto oracle, Ted Pillows (yes, that’s his real name, and no, he doesn’t wear pajamas to work), Bitcoin’s current price antics are like a well-rehearsed dance number, mimicking gold’s moves from its “I’m not a bubble, I swear!” phase to its “Look at me, I’m breaking out!” moment. 💃

And guess what? This isn’t just some random guesswork. Ted’s got a chart that’s practically screaming, “Look at me!” It shows that Bitcoin’s little dip after hitting its all-time high earlier this year is not just a dramatic pause but a part of a grand plan to align with gold’s recent bull run. Because who doesn’t want to be like gold, right? 🥇

Distribution, Reaccumulation, And Setup For Next Breakout

Now, let’s get a bit technical (don’t worry, I’ll keep it fun). Bitcoin’s price chart is like a toddler trying to walk in its parent’s oversized shoes. It’s following a path laid out by gold, but on a slightly different timeline. Bitcoin’s doing its thing on a mid-range 2-week timeframe, while gold is strutting its stuff on a grand monthly stage. But hey, who’s counting? 🤷‍♀️

Check out the chart comparison below! Gold’s historical saga kicked off with a distribution zone from 2011 to 2013, followed by a long, drawn-out accumulation period that lasted until mid-2019. Once it built that solid base, gold went into re-accumulation mode until 2023, leading to a price explosion that had everyone gasping at highs above $3,300. Talk about a glow-up! 💥

Now, Ted’s got a theory that Bitcoin is on a similar journey. After its wild ride to $69,000 in late 2021, it entered a distribution phase that felt like a never-ending soap opera throughout 2022. Then came the textbook accumulation structure in 2023, followed by a breakout above $45,000 and a reaccumulation phase in late 2024. It’s like watching a reality show where everyone’s waiting for the big reveal! 📺

Bitcoin’s vertical rally kicked off in late 2024 and has been strutting its stuff ever since. The chart below is like a crystal ball, showing this current BTC phase, with Ted predicting a move to new all-time highs. Fingers crossed! 🤞

Bitcoin Will Break Out By Q3 2025

Here’s the kicker: gold also had a little tantrum in its rally phase after hitting a new peak just above $2,750. This correction was like a dramatic cliffhanger over two monthly candlesticks before it resumed its powerful rally. “Gold had a correction after hitting the new ATH, and guess what? BTC did too!” Ted quipped. 🙄

So, what does this all mean? Bitcoin’s current price behavior isn’t a sign of weakness; it’s just taking a breather before the next big leap. Just like gold surged after its final reaccumulation box, Bitcoin might just be ready to follow suit. 🎉

With all this fractal similarity and trend behavior, Ted’s got his crystal ball out, projecting that Bitcoin will hit a cycle peak somewhere between $125,000 and $130,000 by Q3 2025. And as of now, Bitcoin is chilling at around $105,600. Not too shabby, right? 🤑

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2025-06-08 14:16