Everyone please share your predictions for this cycle. Here's mine. BTC trades between 80-95k in the autumn of 2024. Bitcoin reaches the long-awaited milestone of $100,000 in early 2025 (February/March). After reaching 100k, Bitcoin swiftly rises to 115-125k before remaining static for a few weeks or a month. Bitcoin has blown off a high of 130-160k in September or October 2025 before the cycle concludes, and we will see a new low of 45-65k in October 2026. Sure, I'll make an exact forecast so everyone can share it when it's correct. Bitcoin reaches $144,636.72 on October 15th, before the cycle finishes.
Bitcoin Exceeds $72,000 and Initiates A $30 Million Liquidation During A Downturn In Profit-Taking Attitude
Just three days ago, Bitcoin’s price hovered around the $65.5k mark, sparking conversations about the end of its price correction phase. But purchasers became interested at this price point, which led to a significant accumulation. As per CryptoQuant, the $2.7 billion in earnings realised first served as the catalyst for this comeback. In addition to people gaining money, there was less of a push to sell, which significantly contributed to the stability of Bitcoin's price. This occurred as a result of short-term Bitcoin owners ceasing to sell their holdings at a loss when the price dropped. Instead, they chose to wait, which prevented the price from dropping.