- Analyst shares top three Bitcoin (BTC) cycle top prices still in play for this crypto bull cycle.
- He bases his expectations off of historical Bitcoin cycle data.
- This upward movement will only come after significant equity market correction.
Crypto analysts and long-time Bitcoin (BTC) holders study the price charts closely and share their opinions on when and how the market will recover. Some even share their predictions for the Bitcoin (BTC) cycle top and the predictions are quite bullish for 2025.
In detail, an engineer and Bitcoin (BTC) enthusiast shares detailed observations on where the Bitcoin (BTC) price top will be in the coming year of 2025. Indeed, 2025 is believed to be the year that the new Bitcoin ATH will be set following the previous Bitcoin Halving event earlier this year.
To begin, he says that Bitcoin price fractals are based on the power law support and a 4-year cycle period. According to his post, these factors will show the potential price action of the current cycle.
He then goes on to share his expectations for 3 possibilities for the Bitcoin (BTC) cycle tops this crypto bull cycle. Based on 2013 fractals, he expects a Bitcoin (BTC) cycle top price of $193,180 on Dec 4, 2025.
Similarly, based on 2017 fractals, he expects a Bitcoin (BTC) cycle top price of $271,868 on Dec 14, 2025. Lastly, based on 2021 fractals, he expects a Bitcoin (BTC) cycle top price of $227,328 on Nov 8, 2025.
Once this was cleared, he goes on to mention what to expect of the market state at the moment. Presently, the price of Bitcoin (BTC) is sinking brutally due to Bitcoin (BTC) sell offs from Mt. Gox and the German government.
The brutal dip has now pushed the Bitcoin (BTC) price to the $54,000 price range. While some expect the dip to reach $48,000, this analyst says that the price of Bitcoin could fall till $36,000 and $47,000 if precious cycles were to be observed.
He says that there will not be any significant price movement past $50,000 without a significant equity market correction. Lastly, he adds that this analysis is only a reference and not a prediction. He says these are simply probabilities used to set realistic expectations based on historical data.
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The post Bitcoin $271,868 Cycle Top Scenario Still in Play, Analyst Expects Heavy Equity Market Correction Before Upside Recovery appeared first on Crypto News Land.