Bitcoin (BTCUSD) may not yet have reached its peak in this cycle
— and data indicates that future prices will rise significantly.
Using a logarithmic growth channel model, combined with rainbow waves, Fibonacci time extensions, and halving indicators, analysts predict that by the end of 2025, Bitcoin will show a significant upward trend.
• Elements presented by the model
The model includes:
Bitcoin halving (light blue vertical line)
Estimated cycle bottoms and tops via Fibonacci time extensions (green and red vertical lines) Parabolic growth curve based on multi-level wave channels
Boundary description:
- Red trend line: maximum trajectory line
- Purple trend line: fair value range (upper and lower boundaries)
- Light blue trend line: minimum wave support line
It is noteworthy that BTC touched the light blue minimum wave line 7 in April, marking the first touch since June 17, 2017. Based on past experience, such touches indicate an excellent long-term buying opportunity, and we are currently at a critical point in this cycle.