Bitcoin Logarithmic Growth Channel and Waves Show We Are Still Far From The Top
This is how Bitcoin ($BTC ) performs on its logarithmic growth channel, using a wave model. The model takes into account halving events (light blue vertical lines) and uses Fibonacci time extensions to estimate potential cycle bottoms (green vertical lines) and tops (red vertical lines) within the parabolic growth curve.
A reasonable value estimate is near the purple trend lines (top and bottom of the area), as well as the maximum (red trend line) and minimum (light blue trend line) waves.
Interestingly, Bitcoin first touched this minimum wave trend line on April 7, 2025, the first time since June 17, 2017, making this the strongest buy signal we can get at this stage of the cycle.
Based on all of the above, Bitcoin is still far from its cycle top, not only because it has not yet touched the next red vertical line (Time Fibonacci 4.382), which is located on October 27, 2025, but also because it is currently trading below the reasonable value zone (even below its lower half).
The previous two cycles were significantly above this reasonable value zone and almost reached the maximum wave. Even if Bitcoin "only" touches the purple (reasonable value) trend line by October 27, 2025, it will reach $135,000, and even $145,000 if it happens sooner. This is the lowest estimate based on this model. If the top of the fair value zone is reached by October 27, then we could even see prices as high as $180,000.
Which price do you think we are more likely to see? Feel free to tell us in the comments section below!
