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As of December 21, 2024, the price of Bitcoin is trading around $98,600, which represents a 3.4% increase from its previous close. This rise is part of a broader trend marked by large price swings over the past seven days, which Bitcoin has seen. breaking below nearby support levels. In particular, Bitcoin price movements in the past few days have been filled with declines below the $100,000 price level and release throughout the crypto industry.
Analyst Predicts Bitcoin Price Rise Above $225,000 By June 2025
Among many words and weigh in on Bitcoin’s future trajectory by Adrian Zduńczyk, a cryptocurrency analyst better known as CRYPTO₿IRB. While to share his views on XThe analyst noted that Bitcoin’s bull run is already 80% complete, and the remaining 20% are expected to be the most exciting category. According to Zduńczyk, this phase will push the value of Bitcoin to an unprecedented high in the first half of 2025.
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Speaking of the bull run being 80% over, the current market cycle arguably started in October 2023, when applications for Spot Bitcoin ETFs caused excitement among crypto investors. At the time, Bitcoin was trading around $26,000, but the subsequent rally saw it cross multiple price resistance levels in quick succession. This, in turn, led to a break above the then high to fall above $70,000 in March 2024, and then a recent break above the psychological threshold of $100,000 in December 2024.
As CRYPTO₿IRB predicted, the current bull run has played out about 80% of its trajectory, with only 20% left to play. Statistics show that Bitcoin is already up about 315% since the bull run started almost a year ago. However, analyst predictions suggest that the leading cryptocurrency is about to make another 110% increase from its current high in the next six months. In particular, Zduńczyk predicted that Bitcoin will rise to a staggering price of over $225,000 by June 2025.
Altseason Following Bitcoin’s Peak, Bear Market Lurks Beyond 2025
Zduńczyk expects that a major altseason, characterized by explosive gains in the entire altcoin market, will occur after Bitcoin reaches its predicted peak. However, he warned investors to remain vigilant, warning that 2026 will likely usher in a bear market and could bring losses between 80% and 90% from the rise of various cryptocurrencies.
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His advice to the crypto community is clear: “Be aware of the benefits and run before the end of 2025.” The analyst also revealed an important development scheduled for December 27, which he privately called a “major release,” although the details have not been disclosed yet.
Although the prediction of CRYPTO₿IRB is cheap, it is they are green compared to speculation from some crypto analysts, others put a higher value for Bitcoin over $1 million in the current market cycle.
The featured image was created with Dall.E, a chart from Tradingview.com
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