CandleFocus Bitcoin analyst predicts BTC top will hit this price as the bull cycle ends
2025-01-08
Author: Content Editor
Bitcoin (BTC) has started 2025 with high volatility and increased market attention, with analysts suggesting that this year may mark the end of its current bull cycle. Cycle Theory predicts that Bitcoin will reach its next Cycle Top at $200,000 by November 2025. TradingShot's analysis supports this prediction, using the Logarithmic Growth Channel (LGC) model, Mayer Multiple Bands (MMB), and Pi Cycle trend lines. The analysis suggests that Bitcoin is entering the final phase of its current bull cycle, with a projected Cycle Top ranging from $180,000 to $200,000. However, there are challenges, including a recent correction pushing BTC below $100,000 and a decline in institutional demand. Bitcoin's price at present is $94,444, reflecting short-term bearish momentum. The coming months will be crucial in determining whether Bitcoin can overcome these challenges and fulfill the predicted bull cycle potential for 2025.
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