Bitcoin Price Is Replicating 2023 Movements

Trader Tardigrade has alerted the community that Bitcoin is replicating 2023 fluctuations. The expert explained how this affects the main crypto.

Bitcoin Price Matching 2023

X post by Trader Tardigrade says Bitcoin price follows 2023 movements. He added that the flagship crypto has completed its pullback. After the retreat, the crypto expert predicted a rebound over 100,000 and consolidation around that level.

Interestingly, Trader Tardigrade forecasted a $200,000 Bitcoin price in early 2025. The analyst's graphic predicted a March 2025 price surge to this objective.

This parabolic climb to $200,000 is projected to match BTC's run from early December to its last all-time high (ATH) of $73,000 in March. Trader Tardigrade isn't the only one who expects Bitcoin to reach this level this market cycle.

Although ‘conservative’, Bernstein analysts earlier anticipated that BTC will reach $200,000 by year-end 2025. Bernstein analysts and Standard Chartered Head of Research Geoffrey Kendrick projected Bitcoin will reach this price objective on the same schedule.

Crypto analyst Tony Severino doubts Bitcoin will reach $200,000 this bull cycle. He predicts the flagship coin will peak at $160,000, a more cautious projection. The expert said this was a more achievable goal as the golden ratio is in this area.

Bitcoin Is “Far Away” From Peaking
In an X post, crypto expert Ali Martinez said BTC is “far away” from a market peak. He mentioned the market value to realized value (MVRV) measure, which tells whether an asset is overpriced or undervalued. Bitcoin has yet to achieve its full worth, according to the graphic.

After booming constantly since Donald Trump's election, Bitcoin is correcting. Martinez advised buying this dip now. According to him, the Bitcoin hourly chart shows a buy signal from the TD Sequential and a positive divergence from the RSI. He said this might boost Bitcoin to $95,000–$96,000.

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