Based

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April

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<p>Ali, a prominent crypto analyst, has made a bold prediction regarding <a href="https://captainaltcoin.com/bitcoin-downtrend-is-finally-over-is-it-time-for-a-btc-price-breakout/" target="_blank">Bitcoin’s future price trajectory,</a> suggesting that if the Long-Term Power Law holds, Bitcoin could reach around $400,000 in the next market cycle.</p> 
<p>The analysis is based on a logarithmic price chart that tracks Bitcoin’s historical price movements, highlighting significant trendlines that illustrate its long-term behavior. Here are some critical data points from the chart:</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">If the <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> Long-Term Power Law holds true, the next market top might hit around $400,000! <a href="https://t.co/yuQbKNMefU" target="_blank" rel="nofollow">pic.twitter.com/yuQbKNMefU</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1838472938082779464?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 24, 2024</a>
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<h2 class="wp-block-heading" id="btc-price-prediction-based-on-the-power-law-model">BTC Price Prediction Based on the Power Law Model</h2> 
<ul class="wp-block-list"> 
 <li>$392,532.17: Projected price around 2025, indicating a potential market peak if the Long-Term Power Law continues to hold.</li> 
 <li>$104,693.17: A mid-level price projection for the same timeframe.</li> 
 <li>$63,569.34: An earlier resistance level.</li> 
 <li>$37,146.75: A long-term support level.</li> 
</ul> 
<h2 class="wp-block-heading" id="context-of-ali-s-tweet">Context of Ali’s Tweet</h2> 
<p>Ali refers to the <a href="https://giovannisantostasi.medium.com/the-bitcoin-power-law-theory-962dfaf99ee9" target="_blank">Long-Term Power Law,</a> which posits that <a href="https://captainaltcoin.com/what-happens-to-bitcoin-in-october-when-september-is-green-btc-price-prediction/" target="_blank">Bitcoin’s price tends to follow a predictable</a> logarithmic growth pattern over time. This suggests that future price peaks and troughs can be anticipated based on historical data.</p> 
<p>The chart illustrates a long-term resistance line (in purple) that aligns with this power law. If Bitcoin’s price movements continue to adhere to this pattern, the next major bull cycle could see Bitcoin reach the projected peak of approximately $400,000.</p> 
<p><strong><em>Read Also:<a href="https://captainaltcoin.com/near-protocol-finally-breaks-out-of-a-strong-resistance-whats-next-for-near-price/" target="_blank"> Near Protocol Finally Breaks Out of a Strong Resistance: What’s Next for NEAR Price?</a></em></strong></p>  
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<h2 class="wp-block-heading" id="analysis-of-bitcoin-s-cyclical-behavior">Analysis of Bitcoin’s Cyclical Behavior</h2> 
<p>Bitcoin has historically demonstrated a cyclical pattern, with market tops occurring roughly every four years, often coinciding with <a href="https://www.coinbase.com/bitcoin-halving" target="_blank" rel="nofollow">BTC halving events</a>. The next significant peak is expected around 2025, following the halving that happened in April 2024.</p> 
<p>The primary price projection of $392,532.17 indicates that if Bitcoin maintains its historical power law, this could mark the next cycle’s peak.</p> 
<h2 class="wp-block-heading" id="future-market-top-prediction">Future Market Top Prediction</h2> 
<p>Ali also posted in another tweet that Bitcoin could see a peak in October 2025, based on the prem,ise that it repeats what happened in the last two cycle. </p> 
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<p>This reinforces the idea that if Bitcoin’s current cycle mirrors the previous two, a significant peak could indeed occur in the near future.</p> 
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="nofollow">FREE Telegram group.</a></strong></em></p> 
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<p>The post <a href="https://captainaltcoin.com/crypto-trader-predicts-bitcoin-price-to-hit-400k-based-on-this-long-term-pattern/">Crypto Trader Predicts Bitcoin Price To Hit $400K Based on This Long-Term Pattern</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Crypto Trader Predicts Bitcoin Price To Hit $400K Based on This Long-Term Pattern

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