As an experienced investor with more than 5 years of experience in the volatile crypto market, I have witnessed many growth and decline cycles of Bitcoin. Looking back at the past, we can see that Bitcoin peaked at $20,000 in 2017, followed by $69,000 in 2021. Will history repeat itself when Bitcoin can reach $180,000 - $210,000 in 2025?
Based on a 4-year cycle:
According to my observations, Bitcoin tends to go through a 4-year growth cycle. During each cycle, Bitcoin price will increase sharply, reach a peak (All Time High - ATH) and then adjust downward.
2013-2017 cycle: Bitcoin reached ATH of 20,000 USD in 2017.
2017-2021 cycle: Bitcoin reaches ATH of $69,000 in 2021.
If the 4-year cycle continues to repeat, 2025 could absolutely see Bitcoin reach a new ATH, fluctuating between $180,000 - $210,000.
On-chain analysis:
To reinforce the point, let's look at some important on-chain metrics:
Accumulation ratio: This ratio shows the amount of Bitcoin that is being held by long-term investors and not sold. The accumulation rate is currently high, indicating bullish investor sentiment and could drive Bitcoin prices up in the future.
On-chain activity: On-chain activity, including number of transactions, number of active addresses,... is also showing a growth trend. This indicates an increase in demand for Bitcoin and could support the rising price of Bitcoin.
Bitcoin ETF : The cash flow is formalized, making it easy for traditional investors to access bitcoin investment
However, it should be noted:
The crypto market always has many potential risks and unpredictable fluctuations. Therefore, investors need to consider carefully before making investment decisions.
Conclude:
Based on the 4-year cycle and positive on-chain metrics, there is a high possibility that Bitcoin will reach a new ATH between $180,000 - $210,000 in 2025. However, investors need to stay alert and adhere to the principles Safe investment rules to limit risks.
Note:
This article is for reference only.
You should research and make your own investment decisions.