Bitcoin peak

Comment

Author: Admin | 2025-04-27

Distinct pattern over the seven years of helping investment professionals access crypto. Most investors start with a small allocation and then build on it over time. It is suspected that most investors who bought bitcoin ETFs in 2024 will double down in 2025.The report also predicts that the number of countries holding Bitcoin will double in 2025. The fact that the US is actively considering building a strategic Bitcoin reserve will kick off a race worldwide for governments to buy Bitcoin. This is already seen with legislators from Poland to Brazil introducing bills pushing for strategic Bitcoin reserves in their countries. According to BitcoinTreasuries.net, nine countries currently have Bitcoin holdings (led by the United States). Bitcoin Holdings by Country chart. Source: BitwiseTechnical analysis: Bitcoin could exceed $240KLooking at Bitcoin’s monthly chart below, Bitcoin’s price peaked between 518 and 549 days after each previous halving cycle. This is seen after the 2016 and 2020 halving, respectively. Assuming that history repeats, the next Bitcoin peak would likely occur after 518 days (September 2025) or 549 days (October 2025). Moreover, when considering the peak of the previous halving, it is 3.51 times the other one: the 2021 peak was 3.51 times the 2017 peak. Assuming this theory plays out, the peak in 2025 would be 3.51 times that of 2021, which would give a price target of $242,190.BTC/USD monthly chartAnother price projection would be given by CryptoQuant Bitcoin realized price bands, which is the average price at which all the Bitcoin in circulation

Add Comment