Bitcoin price 2025 cycle target ‘minimum’ starts at $175k – analyst
Despite the sideways volatility, Bitcoin (BTC) price has closed a candle above $95,000 every day since November 27, indicating continued buying pressure from investors at higher levels.
Bitcoin 1-Day Chart. Source: Cointelegraph/TradingView
While the price may fluctuate or the market may remain stagnant for weeks, Ernst & Young Advisors says Bitcoin's long-term price forecast for 2025 is high.
Bitcoin's target is 173 thousand to 461 thousand dollars in 2025
Danny Marcus, a Bitcoin mining industry researcher, recently highlighted a study based on the past three bull cycles. The research includes BTC's post-halving performance and targets based on Fibonacci retracements.
Bitcoin price target based on Fibonacci extensions by Danny Marques. Source: X.com
According to the researcher, after “back-testing” data in the last three cycles, Bitcoin has risen chronologically at the 3.618, 2.272, and 1.618 Fibonacci levels in 2012, 2016, and 2020. Therefore, it is the lowest target achieved by BTC in each cycle. It is the FIB level of 1.618. Marcus added,
“Assuming the macro doesn't break like 2020, previous cycle observations suggest that Bitcoin could land anywhere between 1.618 and 2.272 fib. In other words, 1 BTC $173,646 – $461,135 in fiat terms.
In Q3, Cointelegraph reported a similar study based on the decay of 2025-2026 BTC targets from past cycle highs. The study is based on “Explanatory Decay Efficiency Analysis” which results in a lower price target for BTC of 199,998 at the end of Q4 2025.
However, the upper range was more conservative at $288,211.
Related: Historically Accurate ‘Decay Peaks' Study Sees Bitcoin Value at $164K by 2025
Bitcoin miners are “diamond passers” BTC
When Bitcoin crossed $100,000 on December 5, a wave of profit-taking occurred last week, with long-term holders selling 827,783 BTC at the $99,200 mark.
However, On-Chain College, an anonymous bitcoin analyst, claims that miners are “handing over their BTC in diamonds” in 2024, adding that the analyst was facilitating significant selling pressure in January 2021 (the start of the last bull run). The net position change of Bitcoin miners has risen to 41,000 BTC.
MIner Net Position Change Chart. Source: X.com
It dropped to 3,700 BTC in December 2024, a drop of nearly 91%. The analyst added,
“My BTC days are over and sold to cover expenses and keep profits. A new wave of consistent hodling and buying from miners is upon us.
From a technical point of view, Bitcoin price continues to wrap around a higher price range, with an immediate target between $115,000 and $126,500. As long as the BTC daily candle doesn't close below $95,000 or fall below $90,200, the crypto asset is expected to reach higher prices before the end of 2024.
Bitcoin 1-Day Chart. Source: Cointelegraph/TradingView
Titan of Crypto Analyst, an independent crypto analyst, shared the same view, saying that BTC has “opened” in a “power law corridor” above the blue line. Based on historical data, the trader expects the price of BTC to move quickly, as “such breakdowns usually indicate an explosive upward movement.”
Related: Bitcoin gaslighting was ‘patient zero' in 2018 Digiconomist: ESG analyst
This article does not contain investment advice or recommendations. Every investment and business activity involves risk, and readers should do their own research when making a decision.
