Bitcoin (BTC) and altcoins experienced sudden and sharp declines following US President Donald Trump’s threat of tariffs against the EU.
While Bitcoin has fallen to levels as low as $92,000, Tiger Research, an Asia-based Web3 research company, has announced a striking target figure for Bitcoin.
Accordingly, Tiger Research set a BTC price target of $185,500 for the first quarter in its latest report.
Analysts based this estimate on the company’s proprietary Tiger Valuation Methodology (TVM) data.
According to Tiger’s Valuation Methodology (TVM) analysis, while stating a first-quarter price target of $185,500 for BTC, it also determined a neutral/basic price of $145,000 for BTC using the TVM model.
This model blends on-chain data, network activity metrics, and data such as long-term adoption. Analysts then applied a 25% macroeconomic bullish outlook to reflect anticipated positive changes in the global financial environment.
In conclusion, according to TVM, the price of Bitcoin reached $185,000, and the resulting figure of $185,500 is not just a price prediction, but represents a calculated scenario based on the realization of specific economic conditions.
At this point, the company viewed macroeconomic factors such as FED interest rate cuts and the increase in global M2 money supply positively. However, it was stated that spot ETF outflows weakened the short-term momentum.
Analysts also noted that Bitcoin has support at $84,000 and resistance at $98,000. Therefore, the path from current prices to the $185,500 target involves convincingly breaking through this upper resistance and maintaining momentum.
Analysts also noted that key indicators such as the MVRV-Z score have moved from a low range to an equilibrium state.
*This is not investment advice.