Bitcoin analyst: “The BTC price fireworks will start in the fourth quarter”

Ahead of the Fed interest rate decision, according to analyst Dave the Wave, Bitcoin is in an ascending trend channel and recently broke through diagonal and horizontal resistance levels—specifically, around $106,000. This opens up room for a rise toward its previous price target of around $180,000.

Range setting up for #btc fireworks 4th quarter… pic.twitter.com/0A2SuAFSpF

— dave the wave🌊🌓 (@davthewave) September 15, 2025

The investor comments that the short-term price trend is “promising” after overcoming these resistances. The structure is thus similar to patterns from previous bullish phases.
A potential risk remains that the breakout from the ascending channel fails or that resistance levels are retested and rejected. External factors such as regulatory changes, macroeconomic developments, or a deterioration in borrowing costs in the US could also increase the risk.

Nevertheless, according to Dave the Wave, the combination of technical structure and momentum clearly points to a year-end rally. And indeed, the fourth quarter is statistically the best for Bitcoin, with an average performance of 85 percent.