#BinanceAlphaAlert

Bitcoin could reach $249,000 this year, according to CryptoQuant, amid a favorable scenario, attracting even institutional investors...

The moment of warming in the crypto market attracts more and more investors, from experienced ones to beginners, including institutional players. One of the main reasons is the increase in the value of bitcoin, the most popular digital currency, which broke a record by surpassing $109,000 in January 2025. Still this year, the cryptocurrency could reach $249,000, according to the market analysis company CryptoQuant. However, to take advantage of the good moment and invest in the sector, it is important to understand the cycles of appreciation and depreciation of cryptocurrencies.

"The cryptocurrency market has its own dynamics, characterized by cycles that historically repeat. Investors who understand these patterns can seize unique opportunities at different moments in the cycle," said Guilherme Nazar, regional vice president for Latin America at Binance, the world's largest cryptocurrency exchange by trading volume, according to CoinMarketCap.