Bitcoin Price Predictions Point to $128,000 or More by 2025
According to multiple analytics models, Bitcoin (BTC) is expected to reach $128,000 or higher by the end of 2025. A popular trader and analyst known as CryptoCon shared his latest BTC price estimates on X (formerly Twitter) on October 17, projecting a two-year target of approximately $130,000. Although Bitcoin market participants have differing opinions on how BTC price behavior will respond to next year’s block subsidy halving, CryptoCon remains optimistic about the long-term outlook. He emphasized that the area around $130,000 is increasingly becoming an attractive level for Bitcoin.
Converging Forecasts Point to $130,000 in 2025
CryptoCon has been conducting experiments on Bitcoin cycle tops and consistently finds that the price hovers around $130,000. He shared a chart illustrating the “early” tops in each price cycle and compared them to the actual cycle top representing a new all-time high. By plotting diagonal trendlines from the first early top, he arrived at a price of about $138,000 based on the trend from the previous cycle. While he acknowledges the possibility of lower prices, he believes that everything is aligning for Bitcoin to reach $130,000 this cycle.
Timing Based on Four-Year Halving Cycles
Many well-known Bitcoin market commentators use four-year halving cycles as a guide. Rekt Capital, a popular trader and analyst, emphasizes that the year before the halving in 2023 could potentially bring new local lows before the bull market gains full momentum. He refers to historical retracements of -24% in 2015/2016 and -38% in 2019 at similar points in the cycle. Rekt Capital cautions that while he is generally bullish, history tends to favor bearish outcomes. He advises considering any new lows as an opportunity for re-accumulation.
Hot Take: Bitcoin on Track to Reach New Heights
The future looks bright for Bitcoin according to multiple analytics models and expert opinions. With price predictions ranging from $128,000 to $130,000 or more by the end of 2025, it seems that Bitcoin’s upward trajectory is set to continue. While there may be temporary setbacks and potential retracements in the coming years, the overall outlook remains bullish. The upcoming block subsidy halving in 2023 could bring new local lows, but these should be seen as opportunities for re-accumulation. As history has shown, Bitcoin has a tendency to defy expectations and reach new heights. So buckle up and get ready for an exciting journey in the world of cryptocurrencies.
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