TODAY: A cryptocurrency analyst on platform X, known as apsk32, has made a prediction that Bitcoin could reach $255,000 by October 1, 2025, if it remains five years ahead of the power law support.
This date was selected based on historical cycle timings. The analyst uses a specific plot to visualize these cycles and determine if there are any changes in the pattern.If the 4-year price cycles persist, the next peak is expected in late 2025.
Historically, during previous cycle peaks, Bitcoin's price has been about five years ahead of the power law support. The analyst notes that the double peak observed in 2021 and the acceleration in 2024 might indicate a deviation from the usual pattern, although similar predictions have been made before, and the pattern has remained consistent thus far.
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