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This article is also available in Spanish.
The Bitcoin price is once again in the spotlight continues climbing up In something that seems to be the final phase of the current bull cycle. Ride on the back Macroeconomic optimism And institutional interest, Bitcoin shows a renovated strength, and technical analysis provides for the final pump to a modern ATH above 120,000 USD. When the flagship cryptocurrency ends this move, it is forecasted that its price will drop to 60,000 USD, signaling Behind the Bear.
The price of bitcoins will exceed USD 120,000 in 2025
Xanrox, cryptographic analyst, has common modern Forecasting bitcoin prices In TradingView, forecasting a stubborn run to the modern highest in history, and then a disaster for the main minima. By expanding his confident projection, the cryptographic analyst confirmed that Bitcoin is in The final stages of this stubborn cycleWhich means that cryptocurrency is preparing for the most explosive price raise.
The analyst made available Elliott wave technical tableindicating that Bitcoin is currently in a wave of 3 five -flame pattern, creating the final diagonal. This structure usually means the last stage of the stubborn cycle, just before main correction.
Xanrox predicts that Bitcoin will eventually enter the two stages of the end waves (wave 4 and 5) before reaching the cycle’s peak. According to its analysis, the ideal range of this bull is between USD 120,000 and USD 125,000. More precisely, it emphasizes the purpose of expanding Fibonacci 1.618 to 122,069 USD as a potential peak of this bull cycle.
The TradingView analyst also notes that this goal is Fibonacci The best price for sale And get ready for bears that is to take place. In particular, this price level is consistent with the long -term trend line, which extends from the Bitcoin 2017 peak to 2021 and the next Forecast 2025 ATH.
Strengthening the analyst’s belief about a potential rally to USD 122,069, historical behavior of Bitcoin prices reveals a consistent relationship with a 50-week-old straight movable average (SMA). The analysis emphasizes that the cryptocurrency has repeatedly reflected or improved this movable average during key turning points in previous cycles. This pattern increases the credibility of the stubborn perspective.
Next: 50% price failure up to USD 60,000
Despite the confident price projection of Xanrox for 2025, the analyst warns against the upcoming Bitcoin market disaster in 2026, when the cryptocurrency ends his last wave of stubborn and Falls outThe analyst provides a steep correction, potentially reducing the price to USD 60,000. This projected 50% of the mirror from the past decrease, especially the acute correction observable on the markets of the Bear 2018 and 2022.
The chart of the analyst identifies this upcoming price within the natural end 4-year Bitcoin cycleEmphasizing that buying at the forecast peak 122,069 USD can expose investors to a significant risk of decline. Instead, Xanrox recommends preparing for this bear, leaving the market as part of a previously defined sales zone and waiting for the possibility of re -entering during the expected decline in 2026.
A distinguished picture from Getty Images, chart from TradingView.com
