Bitcoin Price Forecast: Analysts Suggest Targets Between $175,000 and $461,000 by 2025
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Bitcoin is making headlines as analysts project its price could soar between $175,000 and $461,000 by 2025, driven by sustained buying pressure. Despite prevailing market fluctuations, historical trends suggest a significant price increase for Bitcoin, especially post-halving cycles. “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,” states industry researcher Danny Marques. Optimistic forecasts predict Bitcoin prices reaching up to $461,000 by 2025, fueled by historical trends and long-term hodling from miners. Bitcoin Target Ranges Between $175K to $461K in 2025 The recent analysis by Danny Marques, a researcher specializing in the Bitcoin mining sector, proposes ambitious price targets for Bitcoin by 2025. Highlighting patterns observed from previous bull cycles, Marques emphasizes that Bitcoin’s price trajectory often aligns closely with Fibonacci extensions. According to his comprehensive study, the minimum price of Bitcoin during these cycles is typically observed at the 1.618 Fibonacci level, suggesting a baseline target of $173,646. Marques notes that historical data from the last three cycles in 2012, 2016, and 2020 supports this projection, as Bitcoin reached its peak prices around these same Fibonacci levels. He adds, “Assuming that the macro conditions remain stable, Bitcoin could potentially reach a range of $173,646 to $461,135.” Furthermore, a related study reported by Cointelegraph indicates a somewhat conservative upper target of $288,211 for the same period, suggesting that while some forecasts are optimistic, there is a broad consensus on the potential for substantial price increases. Bitcoin Miners are “Diamond Handing” BTC In a significant development, Bitcoin mining operations are reportedly adopting a “diamond handing” approach, holding onto their BTC rather than selling. This behavior marks a stark contrast to previous cycles, where profit-taking was prevalent after price rallies. On-Chain College, an anonymous analyst,…
Filed under: News - @ December 13, 2024 11:16 pm