Bitcoin

The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/price-analysis/bitcoin-price-prediction-2023-2024-btc-may-form-new-ath-at-120k-in-q3-2025/">Bitcoin Price Prediction 2023, 2024-BTC May Form New ATH at $120K in Q3, 2025</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a> 
<a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin price</a> is shown some volatility in recent times after being stagnant for over a week. While the short-term prediction appears to be bearish, the future projections are extremely bullish. Moreover, the previous price movement history and the current trade setup indicate the possibility of a fine upswing, which may be triggered only after dropping below $20,000 somewhere by the middle of 2024.&nbsp; 
The star crypto, Bitcoin, always grows rapidly after the halving event. But around 16 months after the halving event, a notable crash kicks in. Hence, this may lead to a massive dump from the newly formed highs above $40,000 soon after the halving. This could be when a gigantic bull run begins, leading to new highs above $100K and reaching close to $120K during Q3 2025.&nbsp; 
<figure class="wp-block-image size-large is-resized"> 
 <img decoding="async" src="https://image.coinpedia.org/wp-content/uploads/2023/08/04090555/image-1024x492.png" alt="" class="wp-image-219529" width="840" height="403" srcset="https://image.coinpedia.org/wp-content/uploads/2023/08/04090555/image-1024x492.png 1024w, https://image.coinpedia.org/wp-content/uploads/2023/08/04090555/image-300x144.png 300w, https://image.coinpedia.org/wp-content/uploads/2023/08/04090555/image-768x369.png 768w, https://image.coinpedia.org/wp-content/uploads/2023/08/04090555/image-1536x738.png 1536w, https://image.coinpedia.org/wp-content/uploads/2023/08/04090555/image-150x72.png 150w, https://image.coinpedia.org/wp-content/uploads/2023/08/04090555/image.png 1600w" sizes="(max-width: 840px) 100vw, 840px"> 
 <figcaption class="wp-element-caption">
 Source: <a href="https://www.tradingview.com/chart/BTCUSDT/79Vv9Awi-Bitcoin-prediction-2028-Fibonacci-channel-must-know/" target="_blank" rel="noopener noreferrer nofollow">Tradingview</a> 
 </figcaption> 
</figure> 
In the above chart, the 0.618 FIB and 0.382 FIB have always been strong levels for Bitcoin in recent times. Previously, the 0.61b FIB levels offered a strong base to trigger a massive upswing to mark the current highs close to $70,000. In the present case, these levels may continue to remain support levels, which may propel the price beyond $100K in the coming days.&nbsp; 
After forming new highs at $120K in Q3, 2025, Bitcoin may again begin with a steep bearish trend, which may transform into a bear market in 2026. The previous bear markets have resulted in a crash of over 75% to 80%, the highest being 93.75% in 2011. Therefore, if a 70% crash is considered for the 2026 bear market, then the bottoms may not drop below $41,000 just a few months before the fifth halving in 2028.&nbsp;

Bitcoin Price Prediction 2023, 2024-BTC May Form New ATH at $120K in Q3, 2025

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