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According to Analyst, Bitcoin Could Surprise and Rise to $180,000 Mid-Year! - Coin Bulletin
Crypto analyst Dave the Wave made a noteworthy prediction about Bitcoin's current price movements.
An analyst says that Bitcoin's price drop to $82,000 could pave the way for a larger rise in the long term. If this scenario occurs, BTC is expected to reach $180,000.
Dave the Wave points out that Bitcoin typically peaks when the price reaches the mid-level of the one-year moving average channel, indicating the long-term growth model of Bitcoin (Logarithmic Growth Curve - LGC). This model has proven accuracy in past market cycles, attracting the attention of investors.
Is a Mid-Year Peak Possible for Bitcoin in 2025?
An analyst says that the price of Bitcoin could reach its peak in the middle of the year. He says, "The price usually reaches its peak when it approaches the middle point of the LGC channel." This approach considers Bitcoin's current declines as a preparation period for long-term gains.
According to Dave the Wave, Bitcoin's decline to the level of 82,000 dollars may not be a negative scenario for investors. Because this situation can create an opportunity for a new recovery and a strong rally.