Could Bitcoin Hit Its Peak In Summer 2025? Analysts Weigh In

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In December 2024, Bitcoin (BTC) hit an unprecedented peak of over $108,000. Since then, it has dropped by more than 15%, now trading around the lower $90,000 levels. Despite concerns among bulls that it might fall to $85,000, some analysts remain hopeful, predicting a possible recovery and potential new high in the summer of 2025.

Bitcoin To Top In Summer 2025? 

Based on predictions made by crypto expert Dave The Wave, it’s possible that Bitcoin could reach its highest point in the summer of 2025. This estimate is situated near the heart of the year. His analysis suggests that Bitcoin’s price trend will likely continue to increase based on the pattern indicated by the 52-week simple moving average (SMA).

Dave highlighted Bitcoin’s consistent alignment with the Logarithmic Growth Curve (LGC), a pattern that has accurately predicted Bitcoin’s price fluctuations throughout history. Specifically, he pointed out that Bitcoin often peaks when the 52-week Simple Moving Average (SMA) intersects the midpoint of the LGC channel. In other words, the peak price of Bitcoin tends to occur at this specific intersection point on the curve.

The prediction is that Bitcoin’s price might reach its maximum around mid-year, as it tends to do so when the one-year moving average aligns with the middle point of the Long-Term Growth Channel (LGC).

As a crypto investor diving into the world of Bitcoin, let me explain what the Bitcoin Logarithmic Growth Curve (LGC) is for you. Essentially, it’s a tool that plots the cryptocurrency’s price changes over time on a logarithmic scale, which helps to tame its wild volatility and reveal long-term patterns more clearly. By establishing upper and lower boundaries, it gives an idea of potential support and resistance levels where the price might bounce back or resist movement, assisting analysts in forecasting future fluctuations within the broader growth trend.

This chart shows that Bitcoin prices have tended to reach their highest points either a few weeks or months before or following the point where the Simple Moving Average (SMA) for the past 52 weeks crosses the central line of the Lower Gap Channel. For example, Bitcoin reached an all-time high (ATH) of $69,000 in November 2021 several months after the SMA indicated a potential peak back in May of the same year.

According to this pattern, it’s possible that Bitcoin could reach its highest point sometime around the next couple of months before or after the Simple Moving Average (SMA) crosses the Linear Growth Curve (LGC) midpoint, which is estimated to happen in July 2025. This forecast corresponds with other projections suggesting that Bitcoin’s value could hit $200,000 by mid-2025.

Bitcoin expert, known as Bitcoin Munger, has highlighted significant buying points between $85,000 and $92,000 on Binance‘s order books. The analyst is optimistic that we’ll see BTC prices reaching $110,000, whether there’s a brief dip into the mid-$80,000 range or not.

Is The BTC Price Correction Nearing Its End?

According to cryptocurrency trader Rekt Capital, it’s possible that Bitcoin’s current price drop, which usually spans 2-4 weeks, might be nearing its end. In a recent post on Reddit, the trader pointed out that we are now in the fourth week of this correction, suggesting that an upturn could be around the corner.

In a similar fashion, crypto investor Daan Crypto Trades has drawn a comparison between the current Bitcoin price movement and the trend observed from December 2023 to January 2024. By applying the same pattern or ‘price fractal’, Daan forecasts that Bitcoin might find stability near $86,000 before regaining its losses and potentially reaching a new all-time high of around $110,000.

As a researcher studying Bitcoin’s market trends, I must express my cautious outlook due to the possibility of a bearish head-and-shoulder pattern emerging on its chart. If this pattern materializes, it could potentially lead to a significant drop in BTC’s price, possibly down to $80,000. At the moment, Bitcoin is trading at $91,427, representing a decrease of 3.7% over the last 24 hours.

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2025-01-14 09:40