"Purchase orders are clear, doubts are unnecessary."

In 2024, Bitcoin ($BTC ) is gearing up for its next big cycle, and all indicators point to explosive potential. A thorough analysis of technical and fundamental data points to an ambitious but realistic target: $700,000 by the end of 2025. Here’s why this target is achievable.

1. THE 2024 HALVING: THE CATALYST

Bitcoin's halving is scheduled for April 2024. This event, which reduces the supply of new BTC by half, is historically one of the main triggers of bull runs:

  • After the 2012 halving: BTC goes from $12 to $1,150 in 1 year (+9,483%).

  • After the 2016 halving: BTC goes from $650 to $19,000 in 18 months (+2,823%).

  • After the 2020 halving: BTC goes from $8,500 to $69,000 in 18 months (+711%).

With supply reduced to 450 BTC/day (from 900 currently), demand pressure will increase, pushing prices to new highs. Based on past cycles, $700,000 is a consistent target for 2025.

2. THE STOCK-TO-FLOW (S2F) MODEL

The Stock-to-Flow model, which measures the scarcity of an asset, predicts Bitcoin's future valuation:

  • Currently, BTC's S2F ratio is 57 (close to that of gold).

  • After the halving, it will reach 120, making Bitcoin the scarcest asset in the world.

According to this model, Bitcoin could range between $500K and $1M in the next bull cycle, with a median of $700K.

3. THE MASSIVE ARRIVAL OF INSTITUTIONAL STAFF

2024 marks a pivotal year for institutional adoption:

  • BlackRock, Fidelity, and Vanguard launch spot Bitcoin ETFs, potentially injecting hundreds of billions of dollars into the market.

  • Bitcoin's adoption as a global store of value continues to grow, especially in countries facing inflation.

Previous cycles show that institutional entry accelerates price increases.

4. LONG-TERM TECHNICAL ANALYSIS

Bitcoin's logarithmic chart reveals an ascending channel that has guided BTC since its inception:

  • All-time highs (2013, 2017, 2021) point to $700,000 by the end of 2025.

  • Key indicators:

    • RSI (monthly): Ready to exit the oversold zone, similar to the beginnings of past bull runs.

    • MACD (weekly): Bullish crossover in preparation, recovery signal.

    • Fibonacci: 4,236 extension puts BTC in a target zone of 700K to 750K.

5. CONCRETE FUNDAMENTALS

  • Limited Supply: The total supply of BTC is set at 21M, and over 19.5M are already mined.

  • Growing Demand: With institutional adoption and individuals entering the market, demand is outpacing available supply.

CONCLUSION: A X25 IS POSSIBLE IN THIS CYCLE

With the halving effect, supply and demand dynamics, and institutional optimism, BTC could reach $700,000 by the end of 2025.

“Buy orders are clear, doubts are unnecessary.” Position yourself now, because real winners act before the next bull run. 🚀💎

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