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- Alan Santana predicts Bitcoin could hit $155,599 by May 2025, based on Fibonacci levels and strong market momentum.
- The current bull cycle may drive altcoin gains, with some expected to surge up to 100x, per Santana’s prediction.
Bitcoin’s rapid increase in recent days has sparked interest throughout the financial and cyber worlds. Currently trading at about $80,946.46, Bitcoin (BTC) has risen 2.44% over the last 24 hours, while daily trading volume jumped 67.17% to reach $76.93 billion.
No coins selectedTwo major events—the re-election of Donald Trump as the 47th U.S. President and a 25 basis point Federal Reserve rate cut—have preceded this surge, as we previously reported.
Analyst Predicts BTC Path to $155K, Eyes Fibonacci Milestones for Next Move
Renowned crypto analyst Alan Santana on TradingView claims that the next major target for Bitcoin is $155,599. Grounded in Fibonacci analysis, a common tool among technical analysts, this projection usually indicates ongoing momentum.
Santana pointed out that BTC has already passed the 1.236 Fibonacci extension line from the previous bull market. With past resistance levels broken, Santana underlined that Bitcoin now falls into a “bullish zone,” and everyone is focused on the upcoming challenges.
Santana’s immediate aims are $81,500 and $89,444; the much more psychologically significant milestone is $102,000 just beyond. The latter, according to Santana, corresponds with the “golden ratio,” a degree of Fibonacci resistance that can inspire some profit-taking and BTC investor consolidation.
Still, he underlined that if Bitcoin passes this obstacle, it will boost the optimistic case for the long-term aim of $155,599, expected to be reached about May 2025. This target would line the 2.618 Fibonacci extension, suggesting significant future expansion in the present bull cycle.
According to Santana’s analysis, Bitcoin might either experience a period of consolidation or rise straight toward $155,599 after reaching $102,000, therefore postponing the next significant high until late 2025.
Either situation would, however, support Bitcoin’s reputation as a strong asset with long-term expansion potential, evocative of the expansion trends observed in established tech giants such as Google and Microsoft.
Santana’s projection depends on a “blow-off top” for Bitcoin, a sharp price increase devoid of a subsequent double-top pattern, so signifying a strong, continuous bull market.
Fascinatingly, Santana sees that even if a correction follows Bitcoin’s expected high, it is improbable that BTC would drop below the $64,000 or $48,000 levels, thereby establishing a new foundation for further expansion.
Furthermore, he expects this Bitcoin bull market to drive a boom across the larger crypto sector, especially helping altcoins whose value he advises might reach 100x.
