Bitcoin’s Cycle Peak Could Hit $212,500 by January 17, 2025: Insights from K33 Research

On December 25th, COINOTAG reported insights from K33 Research director Vetle Lunde, revealing significant patterns in Bitcoin‘s price history. According to Lunde’s analysis, the average span from Bitcoin’s initial to its final all-time high across the last three cycles has consistently averaged around 318 days. The current cycle’s first all-time high was recorded on March 5th. If historical trends hold, investors could anticipate Bitcoin potentially reaching a peak around January 17, 2025.

Intriguingly, this projected peak closely coincides with the upcoming inauguration of former U.S. President Donald Trump on January 20th. Lunde noted that Trump’s prior electoral processes have historically contributed to robust fourth-quarter recoveries in Bitcoin’s valuation. He cautioned, however, that the unfolding political narrative could influence momentum as the date approaches.

Based on his evaluations, Lunde estimates that Bitcoin could potentially surge to a peak of $146,000 this cycle, with further projections reaching as high as $212,500 when considering previous market valuations. Investors are keenly monitoring these developments as they prepare for the anticipated fluctuations in the cryptocurrency landscape.