I have been following and analyzing the price of Bitcoin on a weekly and yearly basis and I have always noticed some repetitive flow movements over time and based on this data we have been able to identify a possible future price of BTC. Incredibly this weekly analysis has been successful since the beginning of the last major drop in Bitcoin and has been respecting each point of interest.
With this data it is also possible to decide on future prices for the long term and not just on a weekly basis and based on this expectation and the information collected we can deduce a promising target price for Bitcoin in 2025, let's analyze the historical data in the image.
In 2013, Bitcoin had its first major rise, and in the following two years it suffered a major fall, with its price being halved.
In 2016, Bitcoin surpassed its historical price, followed the following year by an astronomical increase in value, reaching more than 14 thousand dollars.
2018 once again Bitcoin hit lows reaching a third of its last all-time high.
In 2019, it continued its upward trend, surpassing the last all-time high.
In 2021, Bitcoin once again reached its peak, breaking its last all-time high once again.
By analyzing this simple information we can deduce some important points for a study of the future price of Bitcoin.
1. We see that Bitcoin since its inception has followed a price flow being:
First year hits all-time high, second year drops to lows, third year rises again and fourth year creates new all-time high.
Looking at this information we realize that every 4 years Bitcoin has a sudden drop, this happened in 2013 keeping the price of Bitcoin at 300 dollars in 2014, it happened in 2017 keeping Bitcoin down in 2018 and in 2021 keeping Bitcoin down in 2022.
With this information we can clearly see that Bitcoin is following a price cycle and has respected it every year.
Great William, we can see that Bitcoin has repeated a big drop every 4 years, but how can we predict the price for the future?
Okay! Let's organize this information.
Bitcoin’s Big Crashes and Bear Years:
2014
2018
2022
Fun fact: These years in which Bitcoin remained low are even years and presidential election years in several countries.
Now how do we get to Bitcoin's next target?
With this information we can clearly see that Bitcoin in the year following the low year manages to overcome the price of the big low and continue its "infinite" upward flow, always breaking the last peak.
2015 Bitcoin surpassed the last low, 2016 it surpassed the last year and 2017 it reached the highs, 2018 year of lows, 2019 surpassed the year of lows 2020 surpassed the last highs, 2021 big fall, 2022 year of lows, 2023 surpassed the last low, 2024 will surpass the last high and 2025 reaches an all-time high, followed by 2026 year of lows and so on.
Were you able to understand the analysis?
Years of great Bitcoin highs:
2013 🚀
2017 🚀
2021 🚀
2025 🚀
Fun fact: Every 3 years Bitcoin reaches a historic milestone, surpassing its last peak by thousands of dollars.
In addition to this expectation of future price, analyzing the past, we also have in 2024 one of the most important events for Bitcoin, which is the halving, where there is a reduction in the reward for miners for solved blocks, thus also stimulating a possible appreciation.
Now that you can see some important targets for Bitcoin, I'm going to write my personal expectation for the price of Bitcoin in 2025.
I personally believe in a target price for Bitcoin in 2024 of 100k and taking into account the historical price and the usual behavior of BTC in 2025 it has room to grow up to 500k.
Remembering that this is an analysis in a particular format that I developed for a price expectation for my personal choices and decisions, I suggest that you do your analysis and deliberate as you feel comfortable deciding.
Tell us in the comments what your price expectations are for 2025 and what you thought of the analysis.
Stay safe!
#DYOR #bitcoin #Binance #hordadefi #BTC
By: William Garcia
