Bitcoin’s Price Continues to Rise: Experts Predict $173K-$461K Target in 2025
Despite recent price fluctuations, Bitcoin (BTC) has consistently closed above the $95,000 mark since November 27, indicating ongoing buying pressure from investors at higher ranges. The crypto asset’s price movement continues to be a topic of interest among experts and analysts.
Ernst & Young Consultant Sees High Long-Term Price Expectation for Bitcoin in 2025
Danny Marques, a researcher specializing in the Bitcoin mining industry, recently shared a study based on the past three bull cycles. The study analyzed BTC’s post-halving performance and target ranges based on Fibonacci extensions.
Fibonacci Extensions: A Historical Perspective
Marques explained that by "back-testing" data from the past three cycles (2012, 2016, and 2020), Bitcoin has consistently topped around the 3.618, 2.272, and 1.618 Fibonacci levels. The researcher noted that the minimum target attained by BTC during each cycle is the 1.618 FIB level.
Price Target Based on Fibonacci Extensions
Based on this analysis, Marques predicted a potential price range for Bitcoin in 2025 between $173,646 and $461,135 in fiat terms.
Decaying Peaks Study: A More Conservative Outlook
In Q3, Cointelegraph reported a similar study evaluating BTC targets for 2025-2026 based on decaying peaks from past cycle highs. The research used an "exponential decay fit analysis" to determine a minimum price target of $199,998 for BTC by the end of Q4 2025.
Conservative Upper Range: $288,211
However, the upper range predicted in this study was more conservative at $288,211 compared to Marques’ maximum price target of $461,135. It’s essential to note that these predictions are based on historical data and should not be taken as investment advice.
Bitcoin Miners: "Diamond Handing" Their BTC
With Bitcoin crossing the $100,000 mark on December 5, a wave of profit-taking has occurred over the past week, with long-term holders selling 827,783 BTC around the $99,200 mark. However, On-Chain College, an anonymous Bitcoin analyst, reported that miners are "diamond handing" their BTC in 2024.
Miners’ Net Position Change: A Significant Drop
The analyst explained that miners back in January 2021 (the beginning of the last bull run) were facilitating high-selling pressure, with Bitcoin miners’ net position change rising as high as 41,000 BTC. However, this has dropped down to 3,700 BTC in December 2024, a decrease of almost 91%.
A New Wave of Hodling and Buying from Miners
The analyst added that long gone are the days of mine BTC and sell to cover costs plus keep profit. A new wave of more consistent hodling (holding onto their coins) AND buying from miners is upon us.
Technical Analysis: Immediate Targets between $115,000 and $126,500
From a technical standpoint, Bitcoin’s price continues to coil at a higher price range, with immediate targets between $115,000 and $126,500. Unless BTC closes a daily candle below $95,000 or drops below $90,200, the crypto asset is expected to attain higher prices before the end of 2024.
Titan of Crypto Shares Similar Outlook
Titan of Crypto, an independent crypto analyst, shared a similar outlook, stating that BTC has "surged" above the blue line on the "power law corridor." Based on historical data, the trader expected the BTC price to move rapidly, as "such breakouts often signal explosive upward moves."
Conclusion: A Complex Market Requires Caution
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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