Analyst Says Bitcoin Price Peak Lies Above $225,000, The Timeline Will Shock You
As of December 21, 2024, the price of Bitcoin was approximately $98,600, an increase of 3.4% from the previous closing price. This rise is part of a broader trend of significant price swings over the past seven days, with Bitcoin The breakdown is close to the support level. In particular, Bitcoin’s price action over the past few days has been filled with drops below the $100,000 price level, entire liquidation Crypto industry.
Analysts predict Bitcoin price will surge above $225,000 by June 2025
among many voices Weighing in on Bitcoin’s future trajectory Adrian Zduńczyk is a well-known cryptocurrency analyst, better known as CRYPTO₿IRB. although Share his insights about XAnalysts point to Bitcoin’s current bull run 80% completed, The remaining 20% is expected to be the most exciting phase. Zduńczyk said this phase will push Bitcoin prices to unprecedented heights in the first half of 2025.
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Speaking of the bull market being 80% complete, the current market cycle can be said to have started in October 2023, when Application of Bitcoin Spot ETF sparking excitement among cryptocurrency investors. At the time, Bitcoin was trading around $26,000, but the subsequent rally saw it breach multiple price resistance levels in rapid succession. This in turn led to it breaking above the then all-time high above $70,000 in March 2024 and then the psychological threshold of $100,000 in December 2024.
As predicted by CRYPTO₿IRB, the current bull market has completed about 80% of its trajectory, with only 20% left. Calculations show that Bitcoin has gained approximately 315% since the start of the bull market about a year ago. However, analyst forecasts suggest that the leading cryptocurrency will rise another 110% from its current all-time high within the next six months. In particular, Zduńczyk predicts that Bitcoin prices will reach a staggering peak of over $225,000 by June 2025.
Altseason follows Bitcoin peak, bear market lurks beyond 2025
Zduńczyk predicts that after Bitcoin reaches its expected peak, there will be a major altcoin season characterized by explosive gains in the altcoin market. However, he cautioned investors to remain vigilant, warning that a bear market could occur in 2026, with losses across various cryptocurrencies likely to be 80% to 90% higher than their highs.
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His advice to the cryptocurrency community was clear: “Get earnings and running before 2025 is over.” The analyst also hinted that a major development is planned for December 27, which he cryptically called a “major launch.” , but the details have not yet been disclosed.
Although the CRYPTO₿IRB forecast is bullish, it pales in comparison to predictions The views of other cryptocurrency analysts, some of whom believe Bitcoin has peaked Current market cycle exceeds $1 million.
Featured image created using Dall.E, chart from Tradingview.com
