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Bitcoin Analysts Predict Potential Price Peak in Summer 2025
Bitcoin (BTC) reached an all-time high of over $108,000 in December 2024 but has since declined over 15%, currently trading around $90,000. Analysts are divided on future price movements, with some predicting a rebound and potential peak in summer 2025.
Key Predictions
- Analyst Dave The Wave forecasts BTC may peak mid-2025, aligning with historical trends where peaks occur when the 52-week simple moving average (SMA) touches the logarithmic growth curve (LGC) midpoint.
- The current projection for this intersection is July 2025, supporting other forecasts suggesting BTC could reach $200,000 by that time.
- Buy walls exist between $85,000 and $92,000 on Binance’s order books, indicating strong buying interest.
Price Correction Insights
- Trader Rekt Capital suggests Bitcoin's current correction may be nearing its end, typically lasting 2–4 weeks.
- Investor Daan Crypto Trades predicts support around $86,000 before a potential recovery to $110,000.
- Concerns arise regarding a possible bearish head-and-shoulder pattern that could lead to a drop to $80,000.
As of now, BTC trades at $91,427, down 3.7% in the last 24 hours.