According to the analysis and#ChatGPT. , investor should expect a possible Bitcoin price of about $94,000, a price target he termed conservative. He noted that until now, the crypto community has been in the dark about what the log regression curves might reveal for the upcoming cycle top.
Bitcoin (BTC) is currently dominated by bullish sentiments, with the leading cryptocurrency aiming to reclaim the $40,000 spot in pursuit of a new all-time high. $BTC
Indeed, a significant portion of the market expresses confidence that Bitcoin is poised to achieve new highs, supported by factors such as the upcoming halving event and the potential rollout of the first spot Bitcoin Exchange-Traded Fund (ETF) in the United States.
In this case, crypto analyst CryptoCon shared what he termed ‘the most accurate log regression curves’ for Bitcoin in an X (formerly Twitter) post on November 24. The analysis sheds light on the historical performance of these curves and provides intriguing predictions for the next cycle top, expected in late 2025.$BTC $ETH