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- 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
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Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
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Post original content on Gate Square related to WXTM or its - 🎉 Attention Alpha fans! Alpha’s latest TAG airdrop goes live today at 10 AM—first come, first served!
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Let’s go! See you tonight: https://www.gate.com/announcements/article - 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
The Next Average Bitcoin Pump Is a 95% Rally to $220,000: Expert
Previous events suggest that Bitcoin could rally another 135% to a new all-time high above $200,000 or post an average 95% price growth.
Familiar Patterns Reoccurring on Bitcoin Chart
Meanwhile, Egrag has maintained this bullish stance on Bitcoin, sharing a new analysis that shows its next price direction. The outlook came from his study of past Bitcoin price patterns and the possibility that they could repeat following a similar formation.
The same pattern repeated, with Bitcoin consolidating with the broadening triangle until the October 2024 breakout and a subsequent 60% rally to above $100,000. Now, Bitcoin has broken out from a similar pattern with its 10% rally in July, and Egrag has identified three possible scenarios.
Potential Outcomes Following Breakout
The market watcher projected Bitcoin’s next possible target using the percentage growth of its previous outbreaks and a conservative average. Nonetheless, they all suggest that Bitcoin would rally further to new all-time highs.
Specifically, the first pump outcome will see Bitcoin rally by 135%, similar to its performance after the October 2023 breakout. This culminates in an uptrend from $112,000 to $263,000.
Further, the second pump, which will mirror its late 2024 rally, will bring the price of Bitcoin to $180,000. However, an average percentage upsurge from the last two price rallies will result in a 95% uptick. Applying this to the breakout price results in a target of $220,000.
Nonetheless, Egrag favored the second price scenario, predicting that BTC would peak at around $175,000 and $180,000. Notably, the analyst has repeatedly highlighted $175,000 as Bitcoin’s top this cycle, and this recent outlook further solidifies his conviction.