Analyst Who Accurately Predicted 2022 Bottom Forecasts Bitcoin Price Could Hit $150K
Highlights
- Crypto analyst known for 2022 Bitcoin bottom prediction now forecasts cycle top in 2025.
- Based on historical cycle and halving stats, the analysts claim that Bitcoin's price will hit $150k.
- Many other analysts, including Cardano founder, predict the Bitcoin bull run this year after emphasizing its resilience.
The crypto market’s unpredictability intrigues investors and analysts. In this, the Bitcoin price trajectory is the biggest predictor of the market’s movement. This is because BTC’s highs and lows could bring volatility. Interestingly, 2025 is packed with highs and lows, where its earlier ATH of $109.1k brought enthusiasm, and its recent crash brought fear sentiments. However, that might change soon as the analyst who accurately predicted the 2022 bottom predicts BTC price will hit $150k in 2025. How? Let’s discuss.
Analyst Predicts Cycle Top & Bitcoin Price Attaining $150K
Popular crypto analyst Immortal built a reputation among crypto investors as its 2022 Bitcoin bottom prediction came true. Immortal analyzes Bitcoin price movements over various cycles and years, primarily focusing on halving. Based on historical cycles, this analyst predicted that the bottom would hit in November 2022.
The analyst divided the cycle into three phases: downtrend, deviation, and consolidation, and observed that the cycle usually lasts 1452 days. More importantly, Bitcoin bottomed 527 days before halving. Based on these findings and the halving date, Immortal accurately predicted the bottom in November 2022, which came true.
Considering the same 1171-day fair price range and halving data, the investor predicted the BTC would top $150k in 2025. Interestingly, there’s a similar conclusion on the cycle top, with many analysts claiming to witness a bull run by 2025 end.
Bullish Cup & Handle Formation Predicts Bitcoin Bull Run
After the recent crypto market crash, Bitcoin lost a significant portion of its value, declining to a low of $92K. It now trades at $97.2k after a 7% loss over the week. This decline and the drop in investors’ sentiments concern the holders. However, the formation of the cup and handle in the global market cap charts brings optimism back, as the market is to flourish again.
The cup and handle pattern indicates upcoming bullish momentum and an uptrend, which signifies that the market is not on the top yet. More importantly, a Bitcoin bull run is forming, and analysts easily see the price of BTC hitting $150k—$200k.
Even Cardano founder Charles Hoskinson commented that 2025 is crypto’s year and predicts a big bull run. In an X post, he said,
To give you a sense of how big the upcoming bull market is for crypto, we just absorbed a downturn larger than the collapse of Luna or FTX and have already nearly recovered: $710 billion in losses and 740,000 traders liquidated in 24 hours. 2025 is Crypto’s year.
Final Thoughts
Since BTC halving was completed in 2024, everyone’s eyes are on 2025 and the price rally. January’s performance increased the hype even higher as BTC hit the ATH of $109.1k. As a result, analysts anticipate the next ATH to be $150k or higher. These Bitcoin price predictions are made by analyzing historical patterns.
Immortal’s prediction is based on the same and goes parallel with many other analysts, but the credibility increased as their 2022 bottom prediction came true. However, it is essential to note that unpredictability still exists in the crypto market. So, the price trajectory could change significantly.
Frequently Asked Questions (FAQs)
1. Why analysts believe Bitcoin price will hit $150K in 2025.
2. Why is the market cycle top yet to come?
3. Why did Charles Hoskinson call 2025 as crypto's year?
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