📊 Analyst Prediction: Analysis of Bitcoin's Ultimate Profit Target and Key Levels for 2025
According to cryptocurrency analyst Xanrox's latest prediction, by 2025, the price of Bitcoin may reach a new peak, expected to be between $115,000 and $125,000. Sounds a bit exciting, doesn't it?
Xanrox has plotted a possible price trajectory for Bitcoin's future by analyzing Elliott Wave Theory and Fibonacci extensions. He points out that in the current cycle, we are in the progression of the 5th wave, which is expected to push Bitcoin's price to the upper resistance level.
Xanrox also emphasizes the importance of a long-term upward trend line, which will serve as a resistance level intersecting with Bitcoin's price in the coming months. He suggests that investors closely monitor this trend line and set alerts as Bitcoin approaches this key point, as it could be a sell signal.
Additionally, Xanrox mentioned the 1.618 Fibonacci extension level, which is $122,068, an important static resistance level. While his prediction is relatively conservative, he also acknowledges that other analysts may present higher price targets.
However, Xanrox reminds us that Bitcoin's market capitalization is already very large, making it more challenging for prices to reach certain ambitious targets. But his prediction is based on long-term analysis of weekly data and can only be confirmed when the upward trend line and Fibonacci levels converge.
In his short-term analysis, this analyst predicts that Bitcoin will soar to $125,000. However, this significant rise is expected to occur after Bitcoin's price drops significantly to a new low of around $85,000.
Finally, when Bitcoin reaches the predicted market peak, Xanrox predicts it will enter a long-term bear market, marking the end of the current bull market cycle. According to this trend, the Bitcoin bear market could occur between 2025 and 2026.
Therefore, Xanrox predicts that Bitcoin may retrace to this bearish level and could find support around $50,000 to $60,000 during the bear market.
Despite the uncertainty of the predictions, these insights can serve as a reference for buying and selling. Investors should closely monitor market dynamics and make informed decisions at critical moments.
