As a seasoned crypto investor who’s been through the bull and bear markets of Bitcoin since its early days, I can confidently say that the latest predictions for BTC in 2025 have me more excited than ever before. The continuous buying pressure we’ve seen in recent months is reminiscent of the frenzy during the 2017 bull run.
In simpler terms, for over two weeks now, the closing price of Bitcoin each day has been above $95,000, demonstrating strong investor demand in the higher price bracket despite some daily fluctuations.
Despite short-term market volatility or turbulence potentially persisting for several weeks, a consultant from Ernst and Young suggests that the long-term prediction for Bitcoin’s price in 2025 still indicates a positive outlook.
Bitcoin target ranges between $173K to $461K in 2025
Danny Marques, an expert in the field of Bitcoin mining, has brought attention to a study that examines Bitcoin’s behavior following halvings, using data from the last three market bull cycles. This research takes into account BTC’s performance post-halving and sets targets utilizing Fibonacci extensions.
According to the researcher’s findings, Bitcoin has historically peaked near the 3.618, 2.272, and 1.618 Fibonacci levels in the years 2012, 2016, and 2020 when looking back at past market cycles. This pattern suggests that the lowest point reached by Bitcoin during each cycle has been the 1.618 FIB level. Marques further noted…
“Assuming that the macro does NOT deteriorate like in 2020, prior cycle observations show that Bitcoin could land anywhere between the 1.618 and the 2.272 fib. In other words, 1 BTC $173,646 – $461,135 in fiat terms.”
In Q3, CryptoMoon reported a similar study that evaluated BTC targets for 2025-2026 based on decaying peaks from past cycle highs. The research was conducted through an “exponential decay fit analysis,” which led to a minimum price target of $199,998 for BTC by the end of Q4 2025.
Contrarily, Marques’ maximum price target stood at $461,135, while the estimated upper limit was more cautious at $288,211.
Bitcoin miners are “diamond handing” BTC
Due to Bitcoin reaching $100,000 on December 5th, there’s been a surge of investors cashing out over the last week. Specifically, long-term holders have sold approximately 827,783 Bitcoins near the price point of $99,200.
In contrast, an unidentified Bitcoin expert known as On-Chain College stated that miners are holding onto their Bitcoin tightly in 2024. This analyst noted that at the start of the previous bull run in January 2021, miners were contributing significantly to high selling pressure, with the net position change of miners’ Bitcoin reaching a peak of 41,000 BTC.
By December 2024, the price of Bitcoin had fallen to approximately 3,700 BTC, representing a significant decrease of nearly 91% from its previous level. The analyst further noted, for clarification.
“Long gone are the days of mine BTC and sell to cover costs plus keep profit. A new wave of more consistent hodling AND buying from miners is upon us.”
Bitcoin’s technical analysis indicates it’s holding steady within a more expensive price band, with potential goals around $115,000 to $126,500. As long as Bitcoin doesn’t close a daily session below $95,000 or fall beneath $90,200, experts predict it could reach even higher prices before the year 2024 comes to a close.
A prominent figure in the world of cryptocurrency, a self-reliant crypto analyst, expressed a similar viewpoint. According to their analysis, Bitcoin has “jumped” beyond the blue line on the “trend channel.” Given past trends, this analyst predicts that the Bitcoin price could experience swift fluctuations, as “such crossings typically indicate rapid upward spikes.
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2024-12-13 23:24