Bitcoin

Coin

<ul class="news-points"> 
 <li>Bitcoin may trade sideways for a long period before hitting 6-figures, an analyst opined.</li> 
 <li>The analyst also mentioned that the ETF approval may not lead BTC to a new ATH.</li> 
 <li>Bitcoin’s market structure remained bullish and the coin may produce mid-term gains.</li> 
</ul> 
CryptoCon, the creator of the Halving Cycles Theory, has revealed that <a href="https://coinedition.com/btcs-indicators-continue-to-signal-bullish-will-bitcoin-break-beyond-50k/">Bitcoin (BTC)</a> might hit $130,000 by December 2025. CryptoCon, who also doubles as a technical analyst, noted that he came to the conclusion using the BitTime model. 
On previous occasions, the BitTime model has offered insights into BTC’s movement. A summary of the model aligns with the thought that doubt or bearish bias might sometimes reinforce Bitcoin’s uptrend.&nbsp; 
This model was instrumental to Bitcoin’s dominance in 2015. It also had a hand in the coin’s projected increase in the 2019 cycle. According to CryptoCon, the BitTime model has also provided some insights into Bitcoin’s short to mid-term performance. 
In his post on X (formerly Twitter), the analyst mentioned that the coin might reach $47,000 or $48,000 soon. However, he also noted that BTC could hit a local top more or less 21 days before or after July 2024 aro…
The post <a href="https://coinedition.com/bitcoin-price-shocker-130k-cycle-peak-confirmed-experts-agree/">Bitcoin Price Shocker: 130K Cycle Peak Confirmed? Experts Agree!</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin Price Shocker: 130K Cycle Peak Confirmed? Experts Agree!

Coin Edition

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