NEWS

“Where is the Bottom for BTC in This Cycle? – Golden Finance”

editor 03/01/2025

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## Analysis of Bitcoin’s Current Cycle Bottom ##

The current Bitcoin market is like a rollercoaster ride, full of ups and downs that make our hearts race. People are debating fiercely about where this ride might end and whether we’ve reached the lowest point of this thrilling cycle. Let’s dive into the twists and turns of the market, look back at its history, and listen to the experts to find clues about Bitcoin’s bottom.

Current Market Conditions

Bitcoin’s price has been climbing steadily since the thrilling ride began in December 2022, hitting new all-time highs in March 2024 and January 2025. However, just like a sudden drop on a rollercoaster, the price took a nosedive in February 2025 and headed towards support levels around $85,000 to $90,000. This drop, where 79,300 Bitcoins were sold at a loss in just 24 hours, was the biggest event of its kind in 2025.

Historical Trends and Cycles

Bitcoin’s price journey is often compared to a cycle, much like the changing seasons. These cycles, influenced by halving events, go through periods of high prices followed by adjustments. Analysts, like Bob Loukas, say that Bitcoin’s current cycle is following a familiar pattern, hinting that we might see a new high towards the end of 2025.

Expert Predictions

Immortal: Envisions Bitcoin reaching $150,000 by late 2025, drawing inspiration from historical cycles and halving data.
Bob Loukas: Anticipates a potential peak near $153,000, depending on when the ongoing decline stabilizes.
ChatGPT: Projects a price of $190,000 by the close of 2025, highlighting enduring positive trends despite short setbacks.

Potential Bottom Levels

Experts analyzing the technical details suggest that Bitcoin could hit a low point between $76,000 and $78,000, with $76,200 possibly marking the trough based on the 50-week exponential moving average. However, there is speculation that the price might tumble even lower into the $70,000 range before bouncing back.

Conclusion

The current Bitcoin cycle’s final destination remains uncertain, with different forecasts and technical analyses pointing to various possible lows. While some believe the bottom is near $85,000 to $90,000, others argue it could dig deeper, perhaps landing in the $76,000 to $78,000 zone. How the market reacts to these support levels will determine the path of Bitcoin’s price in the months ahead.

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References

The Market Periodical. (2025, February 8). Analyst Predicts $150K Bitcoin Price Peak In 2025—Here’s Why.
The Market Periodical. (2025, February 27). Crypto Market Faces Extreme FUD: A Potential Bottom In Sight?.
CCN.com. (2025, February 7). Is Bitcoin’s (BTC) Cycle Finally Over?.
Finbold. (2025, February 28). ChatGPT predicts Bitcoin price for the end of 2025.
NewsBTC. (2025, February 28). Bitcoin Crashes, Fear Spikes—But This Analyst Sees $153,000 Ahead.