Crypto Analyst Predicts Bitcoin Cycle Peak at $130,000
A prominent figure in the crypto analysis community, CryptoCon, has shared a detailed chart that predicts the next peak of the Bitcoin cycle to reach around $130,000. According to CryptoCon, this peak is expected to occur on November 28, 2025, with a possible deviation of 21 days. The prediction is based on the Halving Cycles Theory, which correlates Bitcoin’s price movement with its halving events.
The Theory Behind Bitcoin’s Halving Cycles
The chart presented by CryptoCon illustrates Bitcoin’s historical and projected price trajectory across four distinct cycles. Each cycle represents a different market phase. The “Green Year” indicates periods of accumulation and offers optimal buying prices. The “Blue Year” is a preparatory phase before reaching new all-time highs (ATHs). The “Red Year” signifies the emergence of new ATHs, while the “Orange Year” suggests a bear market where prices hit their lowest point by the end of the year.
CryptoCon’s theory is based on historical patterns observed during Bitcoin’s previous halving events, which took place in November 2012 and July 2016. According to CryptoCon, every prediction made using this model has remained accurate since its creation in January of this year.
Predictions for the Next BTC Cycle
Based on various price experiments and a Trend Pattern Price model, CryptoCon predicts that Bitcoin will reach a consensus target of $130,000. The chart also indicates that Bitcoin is currently in a “Blue Year.” The analyst anticipates an early top for Bitcoin within a 21-day window around July 9th, 2024, with an expected price range of $42,000 to $48,000.
The chart analysis further forecasts the next cycle top, which is expected to fall within a similar 21-day margin around November 28, 2025. The projected price range for this peak is bullish, ranging from $90,000 to $130,000.
Insights into the Next Cycle Bottom
CryptoCon’s predictions also include insights into the next cycle bottom. The analyst suggests a price floor of approximately $27,000, expected within a 21-day range from November 28th, 2026. This aligns with the model’s “Orange Year,” which typically represents a bear market period where prices are expected to reach their lowest point by the end of the year.
Hot Take: Bitcoin’s Future According to CryptoCon
According to CryptoCon’s analysis and projections based on historical patterns and halving events, Bitcoin is poised for significant growth in the coming years. The analyst predicts a peak of $130,000 by November 28, 2025, with an expected range of $90,000 to $130,000. However, it is important to note that these predictions are not without criticism and potential deviations. Despite this, CryptoCon remains confident in their model and its ability to accurately predict Bitcoin’s future price movements.
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