Analyst Bitcoin Target for Two Years is $130,000

Bitcoin Analyst Predicts Target of $130,000 Over Next Two Years

Author: William Suberg, Cointelegraph; Translation: Song Xue, LianGuai

Multiple analysis models indicate that by the end of 2025, the price of BTC is expected to reach $128,000 or higher.

Renowned trader and analyst CryptoCon uploaded the latest BTC price estimate to X (formerly known as Twitter) on October 17th, deducing a two-year target of around $130,000.

Multiple BTC price predictions trending towards $130,000 in 2025

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Bitcoin market participants have differing opinions on how the Bitcoin price will fare after next year’s halving. But for CryptoCon, the long-term roadmap seems firmly bullish.

In the updates of various models that map Bitcoin price cycles and their highs and lows, the analyst reiterates that the region around $130,000 is quickly becoming a magnet.

“I recently did a lot of experiments with Bitcoin cycle tops, and I’ve consistently come up with approximately the same price… $130,000,” he concludes.

The accompanying chart highlights the so-called “early” tops in each price cycle, as well as the actual cycle tops that constitute new historical highs.

CryptoCon explains that the early tops typically occur within three weeks around July 9th. The new historical highs occur within three weeks around November 28th – this phenomenon is quite common.

The timing of these events is determined by drawing simple diagonal trendlines from the earliest highs.

“By doing so, the tops of the last two cycles have been accurately found, and based on the trend of the previous cycle, we arrive at a price of approximately $138,000,” the X post continues.

“I’m prepared for a price drop, but the price of Bitcoin in this cycle will reach $130,000!”

BTC price model data. Source: CryptoCon/X

According to the model’s schedule, 2025 should be the year when the next cycle’s top appears, slightly lower than the current record set in 2021.

“History favors bear markets”

Meanwhile, the four-year halving cycle provides guidance for many well-known Bitcoin market commentators.

This includes popular trader and analyst Rekt Capital, who continues to emphasize that before the bull market fully kicks in, there may be some new local lows before the 2023 halving.

Previously, he warned that the high point of $32,000 seen earlier this year could eventually form a double top structure, fueling a prolonged period of decline in Bitcoin price.

“At the same moment in the cycle (around 180 days before the halving) … BTC retraced 25% in 2015/2016 and 38% in 2019,” he wrote in one of his latest X posts.

“The only question is: will history repeat itself? Or will 2023 produce something completely different? I am a bull market enthusiast, but history favors the bear market.”

Rekt Capital added that any new lows “should be seen as an opportunity to accumulate again.”

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