Bitcoin to trade at $180,000 on this date, according to expert

Bitcoin ( BTC ) could reach another record high above $150,000 in the coming years, with a long-term technical analysis projecting a potential cycle peak between $160,000 and $180,000 by early September 2029. In a TradingView post on October 12, analyst TradingShot identified a potential profit-taking zone based on Bitcoin’s historical cycle peaks and a rising trendline dating back to December 2017. The analysis also highlighted an approximately 1,430-day interval between the last two cycle tops. The projection comes as Bitcoin trades at $83,280, down 3.31% over the past 24 hours.