2024-7-26 12:30 |
Crypto analyst CryptoCon has applied Fibonacci ratios to Bitcoin’s market cycles, predicting two important price peaks in 2025. The expert’s analysis, shared on X, suggests Bitcoin will reach its first top in March 2025, followed by a final peak in October 2025. This innovative approach uses Fibonacci time analysis to forecast key dates in Bitcoin’s upcoming market cycle.
Fibonacci Ratios can be used more than just for price, here I've applied them to time for #Bitcoin.
When we draw our retraces at the halvings, we get near-perfect first and second cycle top date predictions for the past 2 cycles at the red .236 and orange .382.
The first cycle… pic.twitter.com/ilzL1I8abk
CryptoCon’s method builds on historical patterns observed in previous Bitcoin cycles. By drawing Fibonacci retracements at halving events, the analyst found near-perfect predictions for past cycle top dates. The .236 and .382 Fibonacci levels corresponded closely with the first and second cycle tops, respectively.
Interestingly, CryptoCon noted a peculiarity in the first cycle. The Fibonacci retracement only aligned when drawn from April 2012, rather than the actual first halving date. This observation highlights the complexity of crypto market analysis.
The expert’s predictions extend beyond just market peaks. CryptoCon identified additional key dates in the upcoming Bitcoin cycle. These include the bear market’s halfway point in April 2026 and the projected market bottom in September 2026.
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BTC’s Long-term TrajectoryMoreover, the analysis pinpoints May 2027 as a potential early top in the subsequent cycle. This timeline provides investors and traders with crucial dates to watch in Bitcoin’s price action over the next few years.
Central to CryptoCon’s analysis is Bitcoin’s halving schedule. The analyst projects the next halving to occur on March 24, 2028. This event, which reduces the rate of new Bitcoin creation, has historically preceded price rallies.
By anchoring the Fibonacci time analysis to this future halving date, CryptoCon derived predictions for Bitcoin’s price trajectory. This approach underscores the importance of the halving event in Bitcoin’s market cycles.
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The post Here’s When Will Bitcoin Price Peak in 2025: Expert appeared first on CaptainAltcoin.
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