Bitcoin’s extended stagnation has made some traders demanding the best, and other analysts believe that BTC (BTC) is continuing to achieve a fairly high goal in 2025.
A Bitcoin analyst emphasized the 400% increase in the largest cryptocurrency by linking the potential trajectory of encryption assets to the recent surge in gold and the highest level.
Bitcoin can follow GOLD’s path to $ 400,000.
According to APSK32, an anonymous BTC merchant, Bitcoin can achieve a $ 400,000 price target in 2025 along the path of GOLD. With the help of a normalized power model on GOLD’s market cap, the analyst drew BTC as a log scale. Here each bitcoin is measured by gold instead of the dollar.
APSK32’s Bitcoin-Gold Power Law Comparison. Source: x.com
Historically, the analyst said that Bitcoin traded within a predictable extent compared to the power law support line, as shown in the chart above. The researcher
“Among the biggest bubbles, Bitcoin has not been more than five years than the trend line. Now, we are close to the player’s level for one year, so we are no longer on the rise. ”
If the encryption asset continues to follow the market cycle in relation to the four -year cycle of BTC, another price surge may be expected.
In December 2024, the encryption mining company, Blockware Solutions, explained the price target similar to BTC, as reported by Cointelegraph. The mining company predicts that BTC’s weak target is about $ 150,000 and the basic case is about $ 225,000.
But BlockWare Solutions also stated that US strategic Bitcoin protection zones, federal reserve banks and companies’ BTC adoption can send cryptocurrency to $ 400,000.
Related: Bitcoin Price seasonal data requires $ 120K in the first quarter, but leverage remains the BTC’s ‘biggest danger’.
Bitcoin taker purchasing sales ratio blinks optimistic signals.
The Cryptocurrency market has been stuck in some framework over the past week, and the BTC price is between $ 95,000 and $ 97,000. Indefinite prices have maintained investors in the back seat, but can be changed for the next few days.
Anonymous market analyst SHAYANBTC emphasized that Bitcoin’s Taker BUY-SELL ratio caused a strong reversal on the floor, suggesting an upward momentum. Added by the analyst
“The average moving average of this metric has significantly reduced and showed an optimistic reversal. This change suggests that buyers are restoring strength and can soon control the futures market. ”
Bitcoin Taker buys a selling ratio. Source: cryptoquant
As observed, SMA, the 14th of the Bitcoin Buy-Sell Taker ratio, fell to 0.96 in June 2024 and August 2023. In both cases, the price was optimistic.
Considering the 1.0 or more indicator threads, the BTC can break the market structure next to the current side.
Related: Adoption of the Bitcoin Treasury is growing in Latam, reflecting the US strategic BTC preliminary plan.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.