Bitcoin price sold-off today, but heavy demand below $98,000 is prepping the market for the next leg higher.
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Analysts say Bitcoin’s 2025 cycle target begins at $175,000 and could extend above $461,000.
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Bitcoin’s rebound from this week’s flash crash re-set key price metrics and paved a path for BTC to chase after the $115,000 level.
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The latest market analysis suggests that if Bitcoin’s MVRV ratio continues to increase, BTC price could be in the six-figure range by 2025.
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If Bitcoin produces a clear move above $72,000, its price could be in the six-figure range by 2025, the latest market analysts suggests.
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Bitcoin’s rally above $64,000 reinforced a recently established trend change and “locked in” a bullish pattern of higher price lows.
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A Bitcoin researcher says a quasi-exponential decay trend could even see BTC’s price going as high as $300,000 in 2025.
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Bitcoin is up 22% in the last three weeks as demand from U.S. investors gradually increased, pushing prices above pre-August crash levels.
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Bitcoin’s recent rally put its price above a key bull market metric. Are new highs inbound?
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Analysts say Bitcoin’s recent price action could be a sign that the path to new all-time highs has begun.
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