Bitcoin Eyes $125,000 Peak Before Crash, Analysts Warn
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Bitcoin is once again stealing the spotlight, surging upwards in what many believe is the final phase of the current bull cycle. This climb is fueled by a mix of macroeconomic optimism and growing institutional interest. Technical analysts are forecasting a final pump to a new all-time high above $120,000. However, this peak is expected to be followed by a dramatic crash down to $60,000, signaling the onset of a bear market.
Crypto analyst Xanrox has shared a Bitcoin price prediction on TradingView, outlining a bullish run to a new all-time high before a subsequent crash. Xanrox’s analysis suggests that Bitcoin is in the final stages of this bullish cycle, poised for its most explosive price surge yet. The analyst’s Elliott Wave technical chart indicates that Bitcoin is currently in Wave 3 of a five-wave pattern, forming an ending diagonal. This structure typically marks the final stage of a bullish cycle, just before a major correction.
Xanrox predicts that Bitcoin will enter two final wave stages, Wave 4 and 5, before reaching the cycle peak. The ideal range for this bull run is projected to be between $120,000 and $125,000. More precisely, a Fibonacci Extension target of 1.618 at $122,069 is highlighted as the potential top of this bull cycle. This price level aligns with a long-term trend line stretching from Bitcoin’s 2017 peak to the 2021 top and the next forecasted 2025 all-time high.
Strengthening the bullish outlook, Bitcoin’s historical price behavior shows a consistent relationship with the 50-week Simple Moving Average (SMA). The cryptocurrency has repeatedly bounced off or corrected to this moving average during key turning points in past cycles. This pattern adds credibility to the optimistic projection.
However, despite the optimistic price projection for 2025, Xanrox warns of an impending market crash in 2026. Once Bitcoin completes its final bullish wave and tops out, a steep correction is anticipated, potentially dragging the price down to $60,000. This projected 50% drop mirrors past cycle declines, particularly the sharp corrections seen in the 2018 and 2022 bear markets.
The analyst’s chart identifies this looming price crash as part of the natural end to Bitcoin’s 4-year cycle. Buying at the projected peak of $122,069 could expose investors to significant downside risk. Instead, Xanrox recommends preparing for this bearish transition by exiting the market within the previously outlined sell zone and waiting for a re-entry opportunity during the expected 2026 dip.
Investors should approach this forecast with caution. While the technical analysis provides a compelling narrative, it is essential to remember that the cryptocurrency market is notoriously volatile and unpredictable. Historical patterns and moving averages can offer insights, but they are not foolproof indicators of future performance. The interplay of macroeconomic factors, regulatory developments, and market sentiment can all significantly impact Bitcoin’s price trajectory. Therefore, investors should consider a diversified approach, staying informed about broader market trends and being prepared to adapt their strategies as new information emerges.
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