👀 Bitcoin to $150,000 in 2025?

in #bitcoinlast year (edited)

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According to crypto asset manager Pantera Capital, Bitcoin (BTC) is projected to reach new highs in the area of $150,000 USD sometime in the first half of 2025. Plus if historical trends are any indicator, this cycle’s bottom could be right now!

We've got data. Here's what the last 3 Bitcoin halving rallies have looked like. Diminishing returns on each rally yes, but 2025 is still looking to be another massive year for those willing to hold some digital gold.

A BTC price of $150,000 would represent a rally of 6.5x from our current low as of the end of November 2022. Meaning a $100,000 invested today could be worth in the area of $650k in 2 years time. Will you be making a bet on BTC this coming cycle?

I'm not one for timing tops or bottoms, sure I've had some wins along the way but at the same time have definitely taking some L's too. Perspective is needed, data is needed, historical trends should be observed. All of this info together can help us build that macro level view.

Where is the BTC bottom?

According to data collected from previous crypto cycles, Bitcoin has historically bottomed 477 days (1.3 years) prior to the halving. If the next halving is expected to be March 22, 2024, that puts the potential bottom at December 2022, which is now!

Following this trend Bitcoin would then be predicted to exploded to the upside in 2023/24. "The post-halving rallies have averaged 480 days – from the halving to the peak of that next bull cycle.” Have we put enough disaster behind us this cycle, or is there more pain to come?

“IF history were to repeat itself, the price of bitcoin would trough November 30th, 2022. We would then see a rally into early 2024 and then a strong rally after the actual halving."

Is it possible the worst days have past, and a rally is just around the corner?

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That would be quite nice, I mean it's not that far from ATM well it is but I think we can hit it but I want to keep stacking more at these prices lol

These prices wont last forever, we always be stacking but this next 12 months is worth adding a little extra to the bags IMO.