Bitcoin Peak Yet To Come: Analysts Share 2025 Bull Market Predictions

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As a seasoned cryptocurrency analyst with over a decade of experience in the digital asset market, I have witnessed numerous bull and bear cycles. Having closely monitored Bitcoin‘s performance since its inception, I am cautiously optimistic about its future trajectory.

The recent correction we’ve seen in Bitcoin is not uncommon during a parabolic phase, and it appears that the end of this correction may be near. Historically, BTC has registered the first major retrace a month after entering price discovery mode, and the current 15% correction aligns with this pattern.

However, I believe that the upcoming quarter will be particularly interesting for Bitcoin and other leading cryptocurrencies. The market’s performance during Q1 is usually positive, as highlighted by my colleague Daan crypto trades. This trend suggests that we could see a break above the $98,000 mark, which could “get the party started” and propel BTC back to its all-time highs.

In the short term, it’s crucial to hold the $95,000 support zone, as this level has served as a significant bounce point in the past. I anticipate that once Bitcoin clears its historically corrective weeks, we will have plenty of reasons to be bullish on the flagship crypto.

That being said, it’s essential to remember that investing in cryptocurrencies involves risks and uncertainties. As the market matures, it becomes increasingly important to stay informed, diversify investments, and maintain a long-term perspective.

And as a light-hearted reminder, always remember that while Bitcoin may be volatile, it’s never too early to start mining for your own digital gold (just make sure you have the right equipment!).

The market is bouncing back after a significant drop towards the end of last year that affected most cryptocurrencies, including Bitcoin (BTC), pushing them to their lowest points in a month. Now that Bitcoin is testing crucial support levels, certain analysts have offered their forecasts for the 2025 bull market and Bitcoin’s potential performance during this period.

Bitcoin Correction Close To An End?

Over the past three days, Bitcoin has gradually returned to around $96,000, even touching $98,000 on Thursday afternoon. However, last week, it dropped below this significant level, unable to regain it for six consecutive days. This area, which functioned as a key rebound point since mid-November, played a pivotal role in Bitcoin’s price movements.

Nevertheless, the New Year rally caused Bitcoin’s price to increase by nearly 5%, reaching over $96,000 for the past day. Some crypto analysts believe that breaking the $97,300 support area is vital to counteract Bitcoin’s recent short-term downward trend. However, this level was tested yesterday for the first time in more than a week, but it couldn’t be sustained.

As a crypto investor, I’ve been closely monitoring the market trends, and recently, Rekt Capital, a well-respected analyst in the field, has pointed out that we might be nearing the end of week 9 in Bitcoin’s post-halving “Parabolic Upside Phase.” This implies that the ongoing correction may be wrapping up soon. The analyst explains that following every Halving event, Bitcoin typically enters a parabolic phase lasting roughly 300 days per cycle.

In historical trends, Bitcoin typically experiences its first significant pullback about a month into the price discovery process. This initial correction during a parabolic phase usually occurs between weeks 6 and 8 and results in drops of at least 25% from peak prices.

During this current cycle, the pullback for Bitcoin began in Week 7 and resulted in a 15% decrease, a reduction some analysts attribute to the pattern of minor corrections. Rekt Capital posits that once Bitcoin moves past its historically corrective weeks, it will present numerous reasons to be optimistic about the flagship cryptocurrency.

The analyst suggested that BTC might reach its maximum point this year, then initiate an early phase of a prolonged bear market. He further clarified that the majority of this bear market will materialize next year, lasting approximately 365 days or more and potentially dipping between 65% to 80%.

BTC To Perform Well In Q1

Daan’s crypto trades pointed out that Bitcoin has been fluctuating near the $100K range for about six weeks. This prolonged period has resulted in a significant accumulation of liquidity in this vicinity. Furthermore, he stated that from the $100,000 mark and beyond, there seems to be ample momentum to drive Bitcoin prices even higher.

Additionally, the trader pointed out that Bitcoin is currently transacting near a significant trading node, where the majority of trades have taken place. Typically, price movement becomes smoother when it manages to move beyond such high-volume zones. At present, the 4-hour 200 Moving Average acts as resistance at the top end, while providing support from below is the 4-hour 200 Exponential Moving Average.

Dan suggested that surpassing the $98,000 level might initiate a rally towards the previous record highs, with the $95,000 area serving as crucial support in the immediate future.

As a researcher, I am looking forward to an engaging competition between Bitcoin (BTC) and Ethereum (ETH) this quarter, as the first quarter (Q1) historically presents a favorable market performance for leading cryptocurrencies. Based on these historical trends, I anticipate that both BTC and ETH will exhibit strong performance throughout the beginning of the year.

As of this writing, Bitcoin is trading at $97,071, a 1% increase in the weekly timeframe.

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2025-01-04 07:35