Highlights
- Bitcoin price may undergo two more 20-30% dips before hitting $225,000 in this bull run.
- 80% of Bitcoin's bull run is now behind us, with a bullish picture for the remaining 20%.
- Investors are warned to "realize gains" before 2025 ends and prepare for a potential altseason.
According to Adrian Zduńczyk, a certified market analyst, Bitcoin price could experience two more 20% to 30% crashes before it hits an ATH of $225,000. The recent crash caused massive liquidations, but the long-term outlook remains bullish. Let’s explore what comes next for BTC, a fast-paced recovery rally, consolidation, or a continuation of the crash.
Expert Hints Bitcoin Price to Hit $225K After Two More Crashes
While the recent drop caused billions in positions to be liquidated, Saturday has seen Bitcoin price recover 7% from the December 20 swing low of $92,230. BTC currently trades at $98,859, showing strength after a brutal crypto market crash. Popular and certified analyst Adrian Zduńczyk posted to X stating that 80% of Bitcoin’s bull run is now behind us. Regarding the recent crash, Zduńczyk notes that two more 20% to 30% crashes might occur before Bitcoin price hits $225,000, an all-time high for the ongoing bull cycle.
He paints a bullish picture for the remaining 20% of the bull run, saying, “Real altseason will happen after BTC top.” The expert warns investors to “realize gains” before 2025 ends.
Bitcoin Technical Analysis: What BTC Needs To Resume Uptrend
Bitcoin price crashed 15% from its ATH of $108,41.6 and now trades at $98K. Using the Volume Profile indicator between November 11 and December 11 shows that 68% of the volume is concentrated between the value area high (VAH) at $100,000 and the value area low (VAL) at $90,915. Interestingly, the recent drop has brought BTC back into the 68% volume profile range.
For a bullish Bitcoin price prediction, BTC bulls need to overcome two key barriers. The VAH at $100K is the first hurdle, followed by the daily imbalance, which extends from $102.7K to $105.3K.
On the other hand, if Bitcoin bears are still in control, then the ongoing recovery could face rejection at $100K or the aforementioned daily imbalance, stretching from 102.7K to $105.3K. In such a case, Bitcoin price could continue its descent and retest the range low or VAL at $90,915.
Frequently Asked Questions (FAQs)
1. What is the predicted peak price for Bitcoin in this bull run?
2. How many more crashes is Bitcoin expected to undergo before reaching its peak?
3. What is the significance of the Volume Profile indicator in Bitcoin's current price movement?
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