As per a recent analysis, BTC’s price might reach $200,000 in summer of 2025. But a few of the current metrics still look bearish.has been in the bear market for the longest period in history, which might have sparked unrest among investors. However, history is to be considered, and investors must remain patient to enjoy profits in the coming days.
In fact, new data revealed that the king of cryptos’ price can even go as high as over $200,000 by 2025.Though BTC has managed to hold its position above $27,000 for quite a while, its price volatility has still remained low, thanks to the bearish market., BTC’s price dropped by nearly 3% last week. At the time of writing, it was trading at $27,500.84 with a market capitalization of over $536 billion.
However, a recent post from Seth, a popular X handle that posts cryptographic analyses, revealed that BTC’s price can skyrocket.This is by using 2015 bull market Fractal without the Covid Black Swan! Using the Bitcoin Cycle Indicator you can clearly see what was the bottom and top. Then draw a resistance line and put in the Fractal…The analysis used 2015 bull market Fractal without the Covid Black Swan. Using the Bitcoin Cycle Indicator, one can clearly see the bottom and top.
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Source: CryptoAmb - 🏆 22. / 68 Read more »