Categories: Bitcoin Latest News

Bitcoin Peak Yet To Come: Analysts Share 2025 Bull Market Predictions

The market is recovering from the end-of-year bleeding that dragged most cryptocurrencies, including Bitcoin (BTC), to monthly lows. As the flagship crypto retests key levels, some analyst shared their predictions for the 2025 bull market and BTC’s performance.

Bitcoin Correction Close To An End?

Over the last three days, Bitcoin has slowly climbed back to the $96,000 level, briefly trading near the $98,000 mark on Thursday afternoon. Last week, the flagship crypto lost this key range, failing to reclaim it for six days. This zone served as a crucial bounce point since mid-November.

However, the New Year recovery sent BTC’s price up nearly 5%, with Bitcoin trading above $96,000 for the past day. Some crypto analysts previously suggested that reclaiming the $97,300 support zone is crucial to reverse BTC’s short-term bearish trend. This level was retested yesterday for the first time in over a week but failed to hold.

Despite this, crypto analyst Rekt Capital noted that week 9 of its post-halving “Parabolic Upside Phase” is “slowly ending,” suggesting that BTC’s correction will likely be over soon. The analyst explained Bitcoin enters a parabolic period that lasts around 300 days each cycle after every Halving event.

Historically, BTC registers the first major retrace a month after entering price discovery mode. The first “Price Discovery Correction” starts between Weeks 6 and 8 of each parabolic phase and sees pullbacks by at least 25%.

This cycle, Bitcoin’s retrace started on Week 7 and saw a 15% correction, which some analysts suggest is due to the trend of smaller corrections. Rekt Capital stated that “once Bitcoin clears its historically corrective weeks,” the flagship crypto will offer plenty of reasons to be bullish.

Similarly, the analyst pointed out that BTC’s peak will likely come this year, followed by the “very beginnings of a brand new bear market.” However, he explained that most of the bear market will occur next year, lasting “some 365+ days and be between -65% to -80% deep.”

BTC To Perform Well In Q1

Daan crypto trades highlighted that Bitcoin has been “chopping around the $100K level for 6 weeks now, we’ve built up a good amount of liquidity in this area.” He added that from the $100,000 mark and above, “there should be plenty of fuel to propel this higher.”

Moreover, the trader noted that BTC is “trading right around the high volume node. Meaning, most volume was traded between these prices. Generally, price moves easier when its able to break away from such a high volume area. The 4H 200MA is guarding that breaking on the top side. The 4H 200EMA below is offering support.”

Daan asserted that a break above the $98,000 mark could “get the party started and start the run back to the all-time highs,” while holding the $95,000 support zone key in the short term.

Ultimately, he considers there will be “an interesting race between BTC and ETH this quarter,” as the market’s performance during Q1 is usually “pretty positive.” Based on this historical performance, the trader expects the leading cryptocurrencies to perform well throughout the start of the year.

As of this writing, Bitcoin is trading at $97,071, a 1% increase in the weekly timeframe.

[#item_full_content]NewsBTCRead More

Recent Posts

Top New Crypto to Buy as Japan Considers Approving Bitcoin ETFs

Japan is making a dramatic shift in its stance on cryptocurrency. The Financial Services Agency…

33 minutes ago

Can Bitcoin Hold $97K? – 1-3 Month Holders’ Data Reveals Crucial BTC Demand

Bitcoin has experienced a quiet weekend, with the price remaining stagnant around the $96,500 level…

3 hours ago

KULR Expands Bitcoin Holdings to 610 BTC, Reports 167% BTC Yield

KULR Technology Group (KULR) has expanded its bitcoin (BTC) holdings to 610.3 BTC. The firm…

4 hours ago

Crypto Daybook Americas: ADA Rallies, BTC Looks to Powell’s Testimony on Capitol Hill

By Omkar Godbole (All times ET unless indicated otherwise) Cardano's ADA is trading higher, buoyed…

5 hours ago

Hong Kong Confirms Bitcoin, Ether Can Be Used to Prove Wealth for Investment Visa

A spokesperson for Invest Hong Kong, the territory's government agency that facilitates foreign investments, has…

5 hours ago

Crypto Pundit Who Correctly Called The Bitcoin Price Surge From $15,400 To $100,000 Reveals What’s Next

Crypto pundit Crypto Michael, who correctly called the Bitcoin price surge from $15,400 to $100,000,…

6 hours ago