“Where Will BTC Bottom Out in This Cycle? – Golden Finance”

Analysis of Bitcoin’s Current Cycle Bottom

The current Bitcoin market is like a wild rollercoaster, swinging back and forth with dramatic price changes that have everybody talking about where the ride might end. Let’s dive into the present market situation, historical patterns, and expert opinions to uncover where Bitcoin’s cycle bottom could be.

Current Market Conditions

Bitcoin’s price has been on a thrilling ride since December 2022, soaring to record highs first in March 2024 and then in January 2025. But recently, it took a sudden dip, plummeting towards crucial support levels ranging from $85,000 to $90,000. In February 2025, a massive sell-off saw a whopping 79,300 BTC being sold at a loss in just 24 hours, marking it as the biggest event of 2025.

Historical Trends and Cycles

Bitcoin’s price movements follow a cycle akin to nature’s seasons, shaped by halving events that act as markers. These cycles involve a surge in prices followed by a dip. Experts like Bob Loukas point out that the current cycle is following this familiar rhythm, hinting that another high point might arrive towards the end of 2025.

Expert Predictions

Immortal: Believes Bitcoin could hit $150,000 by late 2025, drawing insights from past cycles and halving data.
Bob Loukas: Envisions a peak around $153,000, reliant on where the current dip ends.
ChatGPT: Anticipates a price tag of $190,000 by the close of 2025, highlighting positive long-term trends despite short-run corrections.

Potential Bottom Levels

Technical analysis hints that Bitcoin’s probable low point might be lodged around $76,000 to $78,000, with $76,200 shining as a potential trough based on moving average patterns. However, some experts speculate a deeper descent into the $70,000s before the big bounce back.

Conclusion

The race to find Bitcoin’s cycle bottom is on, with diverse forecasts and technical cues pointing to various depths. While some anticipate a rebound near $85,000 to $90,000, others foresee a potential dip towards the $76,000 to $78,000 range. Monitoring how the market reacts at these critical levels will steer the course of Bitcoin’s journey in the upcoming months.

References

The Market Periodical. (2025, February 8). Analyst Predicts $150K Bitcoin Price Peak In 2025—Here’s Why.
The Market Periodical. (2025, February 27). Crypto Market Faces Extreme FUD: A Potential Bottom In Sight?.
CCN.com. (2025, February 7). Is Bitcoin’s (BTC) Cycle Finally Over?.
Finbold. (2025, February 28). ChatGPT predicts Bitcoin price for the end of 2025.
NewsBTC. (2025, February 28). Bitcoin Crashes, Fear Spikes—But This Analyst Sees $153,000 Ahead.