
Bitcoin Price Cycle Target for 2025 ‘Minimum’ Starts at $175,000 According to Analyst
Despite recent sideways volatility, Bitcoin (BTC) has closed a daily candle above $95,000 every day since November 27th, indicating continuous buying pressure from investors at a higher range.
Bitcoin’s Price Fluctuations and Long-Term Expectations
While price fluctuations or choppy markets can last weeks, an Ernst and Young consultant says the long-term price expectation for Bitcoin in 2025 remains high. The consultant’s optimism is based on historical trends and patterns that have played out in previous bull cycles.
Fibonacci Extensions: A Study by Danny Marques
Recently, a study conducted by Danny Marques, a Bitcoin mining industry researcher, highlighted the potential target ranges for Bitcoin in 2025 based on Fibonacci extensions. According to the study, which includes BTC’s post-halving performance and targets based on Fibonacci extensions, the minimum target attained by BTC during each cycle is the 1.618 FIB level.
Here are the key takeaways from Marques’ study:
- Historical Pattern Identification: Marques identified that Bitcoin has chronologically topped around the 3.618, 2.272, and 1.618 Fibonacci levels in 2012, 2016, and 2020.
- Fibonacci Extensions as Targets: Based on this historical pattern, Marques concluded that BTC could land anywhere between the 1.618 and the 2.272 fib levels, resulting in a minimum price target of $173,646 and a maximum price target of $461,135 in fiat terms.
Decaying Peaks: A Study by Cointelegraph
In Q3, Cointelegraph reported a similar study that evaluated BTC targets for 2025-2026 based on decaying peaks from past cycle highs. The research was conducted through an ‘exponential decay fit analysis,’ which led to a minimum price target of $199,998 for BTC by the end of Q4 2025.
However, the upper range was more conservative at $288,211 compared to Marques’ maximum price target of $461,135. This study also highlights the potential for Bitcoin’s price to reach significant highs in the coming years.
Miners Are ‘Diamond Handing’ BTC
Bitcoin miners are reportedly ‘diamond handing’ their BTC in 2024. An anonymous Bitcoin analyst from On-Chain College explained that miners back in January 2021 were facilitating high-selling pressure, with Bitcoin miners’ net position change rising as high as 41,000 BTC.
However, the miner’s net position change has dropped down to 3,700 BTC in December 2024, which is a drop of almost 91%. The analyst added that ‘long gone are the days of mine BTC and sell to cover costs plus keep profit. A new wave of more consistent hodling AND buying from miners is upon us.’
Technical Analysis
From a technical standpoint, Bitcoin’s price continues to coil at a higher price range, with immediate targets between $115,000 and $126,500. Unless BTC closes a daily candle below $95,000 or drops below $90,200, the crypto asset is expected to attain higher prices before the end of 2024.
Titan of Crypto, an independent crypto analyst, shared a similar outlook, saying that BTC has ‘surged’ above the blue line on the ‘power law corridor.’ Based on historical data, the trader expected the BTC price to move rapidly, as ‘such breakouts often signal explosive upward moves.’
Conclusion
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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