Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • The United States Leads the Charge in Bitcoin Adoption: A Rising Correlation with Stock Markets
    • Memecoins Stir Up the Market – CryptoNinjas
    • Meme Coins Are #1 Trend in 2024
    • Top Analyst Now Sees Window of Opportunity for Bitcoin and Altcoins To Pop – But There’s a Catch
    • Toncoin Signals Accumulation Phase as Open Interest Hits Nine-Month Low – What’s Next?
    • Bitget Token Surprises the Market by Rising 813% in 2024: Can You Predict Its 2025 Value?
    • Ethereum Price Approaches Critical Resistance: A Turning Point?
    • DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report
    Coin Elites
    • Home
    • Cryptocurrency
    • Crypto News
    • Ethereum
    • Bitcoin News
    • Blockchain
    • Altcoins
    • Shop
    Coin Elites
    Home»Blockchain»Analyst Says Bitcoin Price Peak Lies Above $225,000, The Timeline Will Shock You
    Blockchain

    Analyst Says Bitcoin Price Peak Lies Above $225,000, The Timeline Will Shock You

    dfrancis36By dfrancis36December 22, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    [ad_1]


    Este artículo también está disponible en español.

    As of December 21, 2024, the Bitcoin price is trading at around $98,600, reflecting a 3.4% increase from its previous close. This rise is part of a broader trend marked by substantial price fluctuations in the past seven days, which saw Bitcoin breaking below close support levels. Particularly, Bitcoin’s price movement in the past few days has been filled with declines below the $100,000 price level and liquidations across the entire crypto industry. 

    Analyst Predicts Bitcoin Price Surge Above $225,000 By June 2025

    Among the many voices weighing in on Bitcoin’s future trajectory is Adrian Zduńczyk, a renowned cryptocurrency analyst better known as CRYPTO₿IRB. While sharing his insights on X, the analyst noted that Bitcoin’s current bull run is already 80% complete, with the remaining 20% expected to be the most exhilarating phase. According to Zduńczyk, this phase will push the Bitcoin price to unprecedented heights in the first half of 2025. 

    Related Reading

    Speaking of the bull run being 80% complete, the current market cycle arguably began in October 2023, when applications of Spot Bitcoin ETFs triggered euphoria among crypto investors. At that time, Bitcoin was trading around $26,000, but the ensuing rally saw it breaking above multiple price resistance levels in quick succession. This, in turn, led to a break above its then all-time high to cross above $70,000 in March 2024, and then the latest break above the $100,000 psychological threshold in December 2024.

    As CRYPTO₿IRB predicted, the current bull run has played out to about 80% of its trajectory, with only 20% left to play out. Calculations show that Bitcoin has already increased by about 315% since the bull run started about a year ago. However, the analyst’s projection suggests that the leading cryptocurrency is about to make another 110% increase from its current all-time high in the next six months. Particularly, Zduńczyk has projected that Bitcoin will peak at an astonishing price of over $225,000 by June 2025.

    Source: X

    Altseason To Follow Bitcoin’s Peak, Bear Market Lurks Beyond 2025

    Zduńczyk anticipates that a major altseason, which is characterized by explosive gains across the altcoin market, will occur after Bitcoin reaches its projected peak. However, he cautioned investors to remain vigilant, warning that 2026 will likely usher in a bear market and potentially bring in losses between 80% and 90% from the highs of various cryptocurrencies. 

    Related Reading

    His advice to the crypto community is clear: “Realize gains and run before 2025 ends.” The analyst also hinted at a significant development scheduled for December 27, which he cryptically referred to as a “big release,” though details remain undisclosed at this moment.

    Although CRYPTO₿IRB’s prediction is bullish, it pales in comparison to projections from other crypto analysts, with some putting Bitcoin’s peak above $1 million in the current market cycle. 

    Bitcoin price chart from Tradingview.com
    BTC price holding $98,000 | Source: BTCUSD on Tradingview.com

    Featured image created with Dall.E, chart from Tradingview.com

    [ad_2]

    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    dfrancis36
    • Website

    Related Posts

    Memecoins Stir Up the Market – CryptoNinjas

    December 25, 2024

    Toncoin Signals Accumulation Phase as Open Interest Hits Nine-Month Low – What’s Next?

    December 25, 2024

    Ethereum Price Approaches Critical Resistance: A Turning Point?

    December 25, 2024

    DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report

    December 25, 2024
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    The United States Leads the Charge in Bitcoin Adoption: A Rising Correlation with Stock Markets

    January 28, 2025

    Memecoins Stir Up the Market – CryptoNinjas

    December 25, 2024

    Meme Coins Are #1 Trend in 2024

    December 25, 2024

    Top Analyst Now Sees Window of Opportunity for Bitcoin and Altcoins To Pop – But There’s a Catch

    December 25, 2024

    Toncoin Signals Accumulation Phase as Open Interest Hits Nine-Month Low – What’s Next?

    December 25, 2024
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto News
    • Cryptocurrency
    • Ethereum
    About us

    Welcome to CoinElites.com, your premier destination for the latest news and insights in the dynamic world of cryptocurrency. Our blog is dedicated to providing you with up-to-the-minute updates and comprehensive analysis on everything related to Crypto News, Bitcoin, Ethereum, and other cryptocurrencies.

    At CoinElites.com, we understand the fast-paced nature of the crypto market and the importance of staying informed. Whether you're an experienced trader, a casual investor, or someone new to the world of digital currencies, our mission is to deliver accurate and relevant information to help you navigate the ever-evolving landscape of cryptocurrency.

    Top Insights

    The United States Leads the Charge in Bitcoin Adoption: A Rising Correlation with Stock Markets

    January 28, 2025

    Memecoins Stir Up the Market – CryptoNinjas

    December 25, 2024

    Meme Coins Are #1 Trend in 2024

    December 25, 2024
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto News
    • Cryptocurrency
    • Ethereum
    • Privacy Policy
    • Disclaimer
    • Terms & Conditions
    • About us
    • Contact us
    Copyright © 2024 Coinelites.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.