Bitcoin (BTC) caused volatility in the markets by falling to $96,000 after exceeding the psychological threshold of $100,000. However, this decline did not have a significant impact on long-term expectations. Analysts predict that Bitcoin could reach $400,000 by 2026. In addition, altcoins such as Ethereum and Solana are expected to break new records during this period.
Bitcoin’s price action continues its long-term uptrend. TradingShot highlights the “Cyclical Pivot” trendline that developed from the lows of the 2018 bear market. Bitcoin’s historical price action has cyclical symmetry; the duration of the pre-halving period often mirrors the post-halving bull market. If this pattern continues, Bitcoin could peak in late 2025 to early 2026, potentially climbing to $400,000 along the Cyclical Pivot trendline. TradingShot notes:
Bitcoin staying above this trendline is giving a strong bullish signal. The 50-week moving average (1W MA50) has been a critical support level in Bitcoin’s bull cycles. In August, Bitcoin continued its upward momentum by bouncing off this level twice. Bitcoin staying above this level is crucial for the continuation of the bull market. Past cycles show that the pre-halving and post-halving periods are symmetrical. If this pattern holds, Bitcoin is expected to peak in late 2025 and early 2026.
According to Bitwise analysis, Ethereum$ETH
and Solana are among the projects that attract attention after Bitcoin. Ethereum’s total locked value (TVL) reached its highest level since 2022, indicating that it will have a strong start to 2025. Solana, on the other hand, has achieved a stable upward trend thanks to the meme coin activities in its ecosystem. Ethereum is in a strong recovery process technically, and institutional interest supports this rise with the increase in TVL. Solana, on the other hand, attracts more investors with its fast transaction capacity and low-cost infrastructure. Both projects have the potential to double their market values by 2025.
Macroeconomic developments will play a critical role in determining the direction of Bitcoin and other crypto assets. Indicators such as US inflation data, unemployment rate, and producer price index will affect investors’ strategies. In addition, Google’s advances in quantum computing have increased concerns about Bitcoin’s security. Regulatory improvements that came with Trump’s presidential victory have created a positive atmosphere in the crypto market. Bitwise predicts that 2025 will be the “golden year” for cryptocurrencies, with Bitcoin and other projects breaking records. While these positive predictions excite investors, they also require careful steps.
