A word to the bears (it's fashionable now) - BTC in 2025 goes to $30,000.
Logic - in the 8-year resistance model from the trend, the price ran into the trend at the highs of past cycles (but it was drawn rather strangely). And "every time" (and in fact - only once in November 2021, because at least two highs are needed to form a trend) the inability to break through it leads to strong falls.
What to answer to this? Just remember that on November 11, 2024, at the rate of around 80,000$ , we wrote our expectations for the bullish targets:
- Conservative - 109,807$ (we came almost to it quickly, so this is not the final goal of the cycle).
- Neutral - $168,108.
- Optimistic: 226 409$ or 262 439$.
It is too early to talk about optimistic goals, if they are worked out - then most likely in the fall of 2025. But we are waiting for the neutral goal 168 108$ to be worked out in the spring of 2025.