Bitcoin

when

<p>Bitcoin is currently at a crucial crossroads, testing key resistance levels that could determine the next big move. Historically, when Bitcoin has faced these levels in a bull market, it’s broken through, held steady, and soared higher. Bitcoin is hovering around $85K as the crypto market experiences volatility ahead of the FOMC announcement. Many traders fear a market crash if the Fed hints at keeping interest rates high for a longer period.</p>   
<p>However, in a latest X post, Lark Dewis, a Bitcoin investor and entrepreneur, is referring to a chart created 150 years ago by a farmer from Ohio that shows when to make the most money in markets. This chart has been notably accurate in the past such as predicting the market crash in 2008 by advising people to exit in 2007.</p>   
<h2 class="wp-block-heading" id="h-new-ath-for-bitcoin-soon">New ATH For Bitcoin Soon?</h2>   
<p>His chart divides the market into cycles and signals the “good times”, “hard times,” and years in which panics have occurred, and has specific years marked for optimal profit-taking. Now, the chart suggests that 2026 will be a "year of good times," likely indicating a great time to sell and take profits. The question being raised is whether this market cycle will extend to 2026 and if we will see a new all-time high for Bitcoin next year.</p>   
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   https://twitter.com/TheCryptoLark/status/1902008405012713579 
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<p>Ultimately, he shared that we will have to wait and see, as only time will reveal if the prediction holds true.</p>   
<h2 class="wp-block-heading" id="h-analysts-point-of-views">Analysts' Point Of Views</h2>   
<p>While on-chain data is suggesting that Bitcoin’s market might be changing, recently, Ki Young Ju, CEO of CryptoQuant, believes that the bull run could be finished, and we may see prices either move slowly or drop for the next 6 to 12 months.</p>   
<p>Analysts predict Bitcoin could hit new all-time highs by June 2025. However, a rising wedge pattern on the BTC chart suggests that it might happen even sooner. The wedge is nearing its breaking point, and if Bitcoin breaks out, we could see a huge price surge. On the other hand, a rejection could lead to more downside for the cryptocurrency.</p>   
<h2 class="wp-block-heading" id="h-1m-by-2029">$1M By 2029?</h2>   
<p>Bitcoin has dropped 30% since hitting new highs in mid-January. While this may seem concerning, it’s actually a typical pullback in a bull market. In past bull runs, Bitcoin has fallen as much as 55% before going on to hit new all-time highs.</p>   
<p>Besides, despite a bearish outlook, Bitwise CIO Matt Hougan <a href="https://experts.bitwiseinvestments.com/cio-memos/dip-then-rip">predicts</a> Bitcoin could hit $1 million by 2029, citing its history of growth after dips. He believes a "dip then rip" trend may happen again.</p>   
<h2 class="wp-block-heading" id="h-fomc-meeting-decides-the-course">FOMC Meeting Decides The Course</h2>   
<p>Bitcoin is hovering around $83,500 with little movement as the market waits for tomorrow’s FOMC meeting. With uncertainty in the U.S. economy, the Federal Reserve is expected to keep interest rates unchanged at 4.25%-4.5%.</p>   
<p>The Fed is playing it safe in March, offering little guidance on what’s next, which has left the market uncertain. If rates stay the same, Bitcoin and crypto could see some momentum, especially since Polymarket is predicting a 100% chance of a rate cut in May.</p>

No Bitcoin Bull Run In 2025,150-Year-Old Chart Indicates ‘Good Times’ Start in 2026

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