BREAKING
506d 17h ago

Bitcoin Analyst Predicts Major Bull Run in 2025 Following Mid-Cycle Adjustments

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG News, September 20 – According to CoinDesk, the well-regarded anonymous crypto analyst CryptoCon has highlighted that Bitcoin (BTC) experienced its mid-cycle peak in both 2016 and 2020. Following these peaks, BTC typically enters a phase of sideways consolidation before breaking through by the year’s end. The Bitcoin halving event, which occurs automatically on a four-year cycle, halves the issuance of new tokens, invariably influencing Bitcoin’s supply and enhancing its scarcity.

This year saw BTC reach a peak of $73,000 in March, only to retreat by approximately 33% to a low in early August. CryptoCon suggested that BTC is nearing the conclusion of a standard mid-cycle adjustment. “There are valid concerns whether it’s predicting a peak or a potential recession,” he stated. “However, the cycle continues as anticipated.” He further mentioned, “All indicators point towards a significant bull run for Bitcoin by 2025.”

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