EXPERTS HAVE NAMED THE TIME OF BITCOIN'S PEAK
Bitcoin will form a peak at the end of May 2025, which coincides with the forecasts of a recession in the United States. This opinion was presented by Copper, writes The Block.
Experts explained their position with data from various bull and bear cycles. They found that, on average, they last about 756 days. 554 days have passed since the bottom was formed, and there are still 202 days left until the peak, if the analogies remain correct.
Analysts noted that JPMorgan estimates the probability of a recession in the second half of 2025 at 45%.
Experts warned that Bitcoin has historically demonstrated stability during periods of economic downturn, but this time the market sentiment and investor behavior may be different.
In the near future, the positive dynamics of digital gold will continue, as indicated by technical indicators such as RSI, experts said.
Earlier, Bernstein urged investors to add crypto assets to their portfolios “as soon as possible.” They recommended buying a basket of digital assets, including BTC, ETH, SOL, OP, ARB, POL, UNI, AAVE, and LINK.