A crypto analyst has made a bullish forecast about Bitcoin (BTC), revealing the ultimate profit target for investors in 2025. The analyst’s report gives the exact price and time range The next Bitcoin price is high. He advised investors and traders to act quickly as well sell their Bitcoin when it reaches this peak, it warns of an upcoming bear market.
Now is the Time to Sell Bitcoin
Bitcoin is finally approaching its peak long-term bullish cycleand Xanrox, crypto analyst at TradingView, showing market top and crypto bear market timeline. An analyst has mapped Bitcoin’s future price using Elliott Wave Theory and Fibonacci expansions.
Currently trading above the $94,000 mark, Bitcoin is predicted to reach a market peak between $115,000 and $125,000 in 2025. The analyst’s chart identifies five wave formations in the current Bitcoin cycle, Wave 5 which is already underway and is expected to reach higher levels of resistance.
Based on Xanrox’s chart, Bitcoin price movements traded near a long-term rising trendline from 2017 to 2021. The analyst revealed that this line, which acts as a resistance, is set to go against the price of Bitcoin in the coming months.
He emphasized the importance of this route as sell signalwhich highlights what investors should focus on and put on alert as Bitcoin approaches this critical point. The TradingView analyst also declared that if Bitcoin is touching a long-term bullish line, it is time to sell and exit the market.
In addition to the trendline, Xanrox revealed that 1.618 Fibonacci extension at $122,068 it has become a key stationary resistance for Bitcoin. While the analyst has predicted a peak price between $110,000 and $125,000 for Bitcoin in 2025, he admits that some prominent analysts may have predicted a higher price and it is almost impossible. target values of cryptocurrency pioneers.
He explained that prediction Bitcoin price goes to $200,000 or $300,000 by 2025 was impossible, citing cryptocurrency already market capitalization as a hindrance to these ambitious goals. Xanrox indicated that his prediction of Bitcoin’s ultimate profit target is a long-term analysis that will only be confirmed when the convergence of the rising trendline and Fibonacci levels occurs.
With his short-term analysis, the analyst predicts that Bitcoin will rise to $125,000. However, this significant increase is expected to come after the experience of Bitcoin a big price crash for a new depreciation of about $85,000.
Bitcoin Bear Market Prediction
After Bitcoin reaches the market peak expected by Xanrox between $115,000 and $125,000, the analyst predicts that the leading cryptocurrency will enter long bear marketwhich marks the end of the bull cycle. According to the Elliott Wave Theory, Wave 4 previously served as a payoff point and key support around the $49,000 mark.
Based on this trend, Xanrox predicted that Bitcoin could return to this bearish level, possibly finding support at $50,000 to $60,000 during the bear market. Analyst revealed that this level of support can create i entry point whales and investors who want to accumulate. He also predicted that a Bitcoin bear market is likely to occur between 2025 and 2026.
Featured image from Pexels, chart from TradingView
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