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Could Bitcoin Hit Its Peak In Summer 2025? Analysts Weigh In

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After reaching a new all-time high (ATH) of over $108,000 in December 2024, Bitcoin (BTC) has fallen over 15%, and is currently trading in the low $90,000 range. While the bulls fear a further drop to $85,000, some analysts remain steadfast. UpbeatWhich suggests that the leading cryptocurrency could rebound and possibly reach its peak in the summer of 2025.

Will Bitcoin reach the top in summer 2025?

According to cryptocurrency analyst Dave The Wave, Bitcoin may reach its peak in the summer of 2025, that is, around the middle of the year. analyst Highlight Bitcoin’s price trajectory is likely to continue higher, as evidenced by the 52-week simple moving average (SMA).

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Dave the Wave emphasized Bitcoin’s historical adherence to the logarithmic growth curve (LGC), a model that has successfully determined BTC’s price movements over time. Notably, BTC tends to peak when the 52-week SMA touches the midpoint of the LGC channel. The analyst explained:

Mid-year proposal BTC Peak is here: The price previously peaked when the 1-year moving average reaches the halfway point of the LGC channel.

For the uninitiated, the Bitcoin LGC is a model that tracks the price of a cryptocurrency over time on a logarithmic scale, smoothing out its extreme volatility to highlight long-term trends. It uses upper and lower bounds to indicate potential support and resistance levels, helping analysts predict future price movements within a broader growth path.

The following chart shows how BTC prices have historically peaked a few weeks or months before or after the 52-week SMA crossed the middle line of the LGC channel. For example, an ATH price of $69,000 occurred in November 2021 months after the 52-week simple moving average (SMA) indicated a potential peak in May of the same year.

source: Dave Wave on X

Based on this trend, Bitcoin could peak within a few months before or after the 52-week SMA crosses the LGC midpoint, which is currently expected to occur in July 2025. This prediction is consistent with other predictions . Expectations Which sees BTC reaching $200,000 by mid-2025.

Meanwhile, cryptocurrency analyst Bitcoin Munger said He pointed out To large buying walls between the $85,000 and $92,000 price levels on Binance’s order books. The analyst expressed confidence that “$110,000 is coming either way,” regardless of whether Bitcoin briefly falls to the mid-$80,000 range.

Is the BTC price correction coming to an end?

Cryptocurrency trader Rekt Capital believes that Bitcoin may be nearing the end of its current price correction, which typically lasts 2 to 4 weeks. In post X, the trader male As this correction is now in its fourth week, a rebound may be imminent.

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Likewise, cryptocurrency investor Daan Crypto Trades compared Bitcoin’s current price action to the period from December 2023 to January 2024. Using the same price fractal, Daan expects BTC to find support around $86,000 before recovering its losses and rising to a new ATH of around $110,000.

Bitcoin
source: Trade Daan Crypto on X

However, it is still there Fears About a possible bearish head and shoulders pattern forming on the Bitcoin chart, which could push its price to $80,000. At press time, Bitcoin is trading at $91,427, down 3.7% over the past 24 hours.

Bitcoin
BTC is trading at $91,427 on the daily chart | source: BTCUSDT on TradingView.com

Featured image from Unsplash, charts from X and TradingView.com

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