$BTC Setting Sights on $200,000 to $250,000?
Lark Davis highlights multiple scenarios for Bitcoin’s price trajectory, suggesting a potential market peak in March, April, or later in 2025. Utilizing analytical tools such as the Pi Cycle indicator and Fibonacci extensions, he forecasts a bullish path for the cryptocurrency.
Davis estimates Bitcoin could climb to $200,000 to $250,000 during this cycle, with the possibility of reaching an upper target of $280,000 if momentum persists. Key levels, including the 2.68 line and the 1.618 Fibonacci line, have already shown significance during recent rallies.
If Bitcoin adheres to its historical trends, its price may experience a sharp surge, surpassing major psychological milestones before settling into a consolidation phase. This projection underscores Bitcoin's potential to achieve remarkable highs in the upcoming bull run.
