If Bitcoin maintains its current support levels, it could be on its way to a new record high of $175,000 before the end of this year. This is suggested by historical technical patterns that have often repeated themselves in the past. Such growth would represent an almost 50% appreciation from the current price of approximately $117,000.
Bullish signal on RSI suggests Bitcoin’s path to $175,000
Analyst TradingShot pointed out that the $175,000 target is supported by a bullish signal on Bitcoin’s weekly Stochastic RSI. Specifically, it is a so-called bullish crossover, which has reliably preceded sharp rises in the past. Each occurrence of this signal in the current cycle has been accompanied by price increases ranging from 65% to more than 100%.
The last time this signal appeared was in April 2025, leading to a 65.9% increase. Although this was the weakest movement in the current bullish cycle, a repeat of similar dynamics could push the price up to $175,000. This could become the peak of the current market.
Historical patterns and strong September support the bullish scenario for Bitcoin
The outlook is further supported by the fact that Bitcoin is moving within a long-term rising channel, the lower boundary of which is formed by the 50-week moving average. In addition, the price remains above the $110,000 level, which, together with historical patterns, suggests that a new growth phase may come very soon. According to Fibonacci projections, the target price of $175,000 could be reached as early as the beginning of December 2025.
An analyst going by the nickname BitBull is similarly optimistic. He points out that the fourth quarter is traditionally the strongest period for bitcoin, especially if September ends in the green. This year, Bitcoin has had its best September since 2013, and the current market setup also mirrors patterns from 2023 and 2024. If history repeats itself, Bitcoin could approach the $150,000 mark by December, with room to break the record remaining open.
