- $120K-$150K is projected as Bitcoin’s peak, with levels above $150K likely unsustainable.
- At $150K, short-term holders may see 66% profit, while long-term holders could achieve 509% gains.
- Analysts forecast major Bitcoin rallies, with peaks anticipated between July and October 2025.
Bitcoin’s current market movement mirrors the 2016-2017 cycle, with the prospect to reach a top of $150,000. Glassnode’s lead analyst, James Check, stated this during a Jan. 23 appearance on Theya podcast. He described the $120,000 to $150,000 range as the topping cloud for BTC, noting that levels above this range may lack sustainability.
Bitcoin’s Potential Peak and Profit Margins
With a trading price value of $103,019, BTC holds a possibility of climbing to $150,000. James remarked that at $120,000, many investors would see profitability. At $150,000, short-term holders could achieve a 66% profit, while long-term holders might realize a 509% profit based on average purchase prices of $90,349 and $24,627, respectively, as observed by Bitbo. However, Check indicated that a move beyond $150,000 would likely be short-lived.
James compared the current Bitcoin cycle to the 2016-2017 period, characterized by a spot-driven market. Unlike today’s market, that cycle lacked the influence of derivatives and stablecoins. Bitcoin’s historical price in early 2017 fluctuated between $800 and $1,600 before surging to $19,783 later that year.
The analyst noted Bitcoin’s current trend of moderate rallies and corrections, which resemble its 2017 consolidation period. He projected that this pattern might continue until May 2025 if the similarities persist.
Market Predictions and Timelines
Crypto trader Bitquant remarked on Jan. 23 that Bitcoin’s price has not topped out, and notable gains remain possible. Another trader, Braver, predicted a significant bull market rally in Q1 2025, with a macrocycle peak expected in Q4 2025.
Meanwhile, trader Mags indicated that Bitcoin’s new all-time high above $109,000 on Jan. 20 sets the stage for another within 230 to 330 days. This places the next potential peak between July and October 2025, based on historical patterns.
Bitcoin’s long-term performance continues to attract attention, with its current market dynamics hinting at significant milestones ahead.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
