Bitcoin Tracking Past Cycles as Analysts Predict $200K in 2025
2025-07-15 04:56:57
Main Idea
Analysts predict Bitcoin could reach $200,000 by the end of the year, despite current market corrections and geopolitical challenges.
Key Points
1. Analyst 'apsk32' suggests Bitcoin could peak around $200,000 in November or December 2024, despite headwinds like US trade tariffs and geopolitical conflicts.
2. A Bitcoin Power Curve Cycle Cloud chart indicates that if BTC is measured in gold ounces, the cycle may not have even started.
3. Former Google and Meta tech lead 'TechLead' believes Bitcoin could reach $200,000 by year-end and then $1 million, citing exponential growth trends.
4. Bitunix analysts noted the crypto market is currently trading between $125,200 and $127,000, while Nic Puckrin of The Coin Bureau expects retail involvement to increase once Bitcoin hits $150,000.
5. Bitcoin corrected sharply to $117,600 after reaching an all-time high, with potential support levels at $111,000 or $108,000.
Description
“Bitcoin is still tracking past cycles surprisingly well,” said engineer and analyst ‘apsk32’ on X on Monday. This is quite remarkable given the headwinds such as US trade tariffs and geopolitical conflicts they added. Nevertheless, there was still a big price prediction to go with it. “If the pattern holds, we would expect a peak somewhere around $200,000 in November or December of this year.” Bitcoin to Surge Higher The analyst produced a Bitcoin Power Curve Cycle Cloud chart stating that if B...
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