Bitcoin Voice of Crypto
Despite fears of a post-halving dip, Bitcoin has remained stable and even reached $66,000.
Analyst Ali predicts a buying opportunity based on the MVRV ratio, potentially leading to a 67% increase towards $110,220.
Titan of Crypto suggests a historical trend where Bitcoin peaks around late 2025.
Rekt Capital and others predict a possible peak between December 2024 and February 2025 due to external factors.
Mags predicts a significant bull run with a peak between $250,000 and $260,000.
Bitcoin hasn’t entered a devastating dip yet, after the halving on 20 April, to the relief of investors.
In fact, Bitcoin has breached the $66,000 zone and even showed signs of good health throughout the weekend.
But where is the flagship cryptocurrency headed?
Bitcoin’s current price
To answer this question, we will be going over several tweets from analysts all over Twitter, lending their opinions about what Bitcoin might have in store from here on out.
According to Ali in a recent tweet, since November 2022, every time the Bitcoin MVRV Ratio falls below its 90-day average, the resulting price action is usually a massive Bitcoin buying opportunity that takes Bitcoin straight up by an average gain of 67%.
Bitcoin’s MVRV ratio
To put this into perspective, considering Bitcoin’s current price of $66,000, a 67% rally would put the cryptocurrency’s price somewhere around $110,220.
Ali went further to add that this opportunity has shown itself again, and it might be the perfect time to buy some $BTC.
According to another analyst, Titan of Crypto, Bitcoin has been showing a particular trend for the past two cycles.
The analyst says that typically, Bitcoin hits a bottom around 13 months after a top, and starts to rally around 35 months after a bottom.
Cycle tops and bottoms
According to the analyst, this means that the best time to get out of the market would be around late 2025.
Keep in mind though, that Rekt Capital, another analyst in a separate tweet, agreed with Titan of Crypto, by saying that bull market peaks typically occur 518-546 days after the Halving, which would be around mid-September or mid-October 2025.
“Next Bull Market peak may occur 518-546 days after the Halving
That's mid-September or mid-October 2025 [...]
If the Accelerated Perspective turns out to be true, then the next Bull Market peak may thus occur in 266-315 days
That's December 2024 or February 2025”
However, for some reason, the ETFs and several other macroeconomic factors are presenting an accelerated Bitcoin outlook, which might pull this peak back to December 2024 or February 2025.
We all know that a peak is incoming. However, where might this peak take Bitcoin?
According to Mags, the real bull run has started, and we might be seeing Bitcoin rally further upwards and hit anywhere between $250,000 and $260,000.
Bitcoin’s outlook
If this outlook holds, then the next question should be: where do we get in?
Rekt Capital in a recent tweet commented on this question, by asking “What if Bitcoin has already revealed the top and bottom of its Post-Halving Re-Accumulation Range?”
Bitcoin's accumulation range
If the answer to this question is that Bitcoin has already revealed the top and bottom of its post-halving range, then anywhere between $60,000 and $70,000 would be the best place to buy for the long haul.
Disclaimer: Voice of Crypto aims to deliver accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.