As of December 21, 2024, Bitcoin is trading at approximately $98,600, reflecting an escalate of 3.4% from the previous close. This escalate is part of a broader trend characterized by significant price fluctuations over the past seven days that have affected Bitcoin break below near support levels. In particular, Bitcoin’s price movement over the past few days has been filled with dips below the $100,000 price level and liquidations throughout cryptocurrency industry.

The analyst predicts Bitcoin’s price to rise above $225,000 by June 2025

Among many voices influencing Bitcoin’s future trajectory is Adrian Zduńczyk, a renowned cryptocurrency analyst, better known as CRYPTO₿IRB. One sec sharing your thoughts about Xthe analyst noted that Bitcoin’s current bull trend is already 80% complete, the remaining 20% ​​is expected to be the most exhilarating stage. According to Zduńczyk, this phase will push the price of Bitcoin to unprecedented levels in the first half of 2025.

Talking about the bull market being 80% complete, the current market cycle likely began in October 2023 when applications of Spot Bitcoin ETFs caused euphoria among cryptocurrency investors. At the time, Bitcoin was trading around $26,000, but the subsequent rally caused it to break above multiple price resistance levels in a low period of time. This in turn led to a break above the then high of $70,000 in March 2024, followed by a recent break above the psychological threshold of $100,000 in December 2024.

As predicted by CRYPTO₿IRB, the current bull run has reached approximately 80% of its trajectory, with only 20% left to play. Calculations show that Bitcoin has already increased by approximately 315% since the bull market began about a year ago. However, the analyst’s forecast suggests that the leading cryptocurrency will see another 110% escalate over the next six months from its current record high. In particular, Zduńczyk predicted that Bitcoin will reach a peak price of over $225,000 by June 2025.

Altseason follows Bitcoin peak, bear market lurks beyond 2025

Zduńczyk predicts that after Bitcoin reaches its predicted peak, there will be a major alt season, characterized by keen increases in the altcoin market. However, he cautioned investors to remain vigilant, warning that 2026 will likely usher in a bear market and potentially see losses of 80% to 90% from the highs of various cryptocurrencies.

His advice to the cryptocurrency community is clear: “Take profits and run before the end of 2025.” The analyst also hinted at a significant event scheduled for December 27, which he cryptically called a “big launch,” although details remain undisclosed at this time.

Although CRYPTO₿IRB’s predictions are bullish, nonetheless pales in comparison to the projections from other crypto analysts, with some calling Bitcoin’s peak above $1 million in the current market cycle.

Featured image created with Dall.E, chart from Tradingview.com