{"id":27288,"date":"2025-05-17T13:16:54","date_gmt":"2025-05-17T13:16:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27288"},"modified":"2025-05-17T13:16:54","modified_gmt":"2025-05-17T13:16:54","slug":"bitcoin-to-175k-analyst-says-moon-mission-is-solid-as-a-rock","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27288","title":{"rendered":"Bitcoin to $175K? Analyst Says Moon Mission Is \u2018Solid as a Rock!\u2019"},"content":{"rendered":"
\n

Bitcoin (BTC) is holding steady at around $103,000, but the calm could be the eye of the storm.<\/p>\n

With volatility compressing and the CME gap still looming like a ghost at $91,970, crypto analysts are torn on whether BTC is headed for glory at $175,000 or prepping for a brutal fakeout.<\/p>\n

The Bull Case: $175K or Bust?<\/h2>\n

Egrag Crypto isn\u2019t mincing words. In a recent X post<\/a>, the analyst, more well-known for his takes on XRP, proclaimed that Bitcoin going to $175,000 was \u201cSolid as a Rock!\u201d According to him, that price region is BTC\u2019s \u201ccycle top,\u201d referencing historical EMA breakouts and a 10X extension from 2017\u2019s $20,000 peak.<\/p>\n

The crypto trader pointed out that, in the past, Bitcoin pumped hard whenever it closed above the 21-week EMA. His breakdown: Pump 1, 60%; pump 2, 170%; pump 3, 75%. That\u2019s an average jump of 101%, which Egrag applied directly to the market\u2019s post-April 21 momentum to reach the $175,000 price level. \u201cMen lie, women lie, numbers don\u2019t,\u201d he quipped.<\/p>\n

However, not everyone is dancing. Investor Daan Crypto Trades is painting<\/a> a sobering picture of weekend stagnation and low volatility, with BTC locked in a tight $101,000 to $105,000 range. \u201cWe won\u2019t see that much action from Bitcoin for now,\u201d he shrugged, citing low liquidity over the weekend and a possible breakout looming.<\/p>\n

The Bearish Wrinkles<\/h2>\n

Still, an unfilled CME gap between $91,970 and $92,520 feels like the real twist. Some traders believe BTC must revisit this zone before any meaningful climb can happen.<\/p>\n

\u201cFrom the current price, BTC would need to drop around 12% to close this gap,\u201d Egrag Crypto wrote. However, he predicted<\/a> there was more likelihood of a rally through the $130,000 to $140,000 Fibonacci levels before a 33% correction, followed by a final push to his fabled $175,000.<\/p>\n

At the time of this writing, BTC was still 4.9% below its all-time high<\/a> set in January. Its latest price represents a slight 0.4% dip in the last seven days, but it has still outperformed the broader crypto market\u2019s 1.6% drop in the same period.<\/p>\n

The next move is critical: will the flagship crypto blast off to $175,000 as the permabulls promise, or will the CME gap drag it down first?<\/p>\n

The post Bitcoin to $175K? Analyst Says Moon Mission Is \u2018Solid as a Rock!\u2019<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) is holding steady at around $103,000, but the calm could be the eye of the storm. With volatility compressing and the CME gap still looming like a ghost at $91,970, crypto analysts are torn on whether BTC is headed for glory at $175,000 or prepping for a brutal fakeout. The Bull Case: $175K […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-27288","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27288"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27288\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}