According to @milesdeutscher, there is significant technical confluence around the 8,600 dollar level, marking it as a key price target for traders. source: @milesdeutscher on X, Aug 12, 2025 He adds that 8,600 is a reasonable target sometime between 2025 and 2026, implying roughly a 2x move from current levels at the time of posting. source: @milesdeutscher on X, Aug 12, 2025