Bitcoin is closely tracking past bull market cycles, according to crypto analyst and engineer ‘apsk32’, who posted their analysis on X (formerly Twitter) on Monday. Despite macroeconomic headwinds like U.S. trade tariffs and ongoing geopolitical tensions, BTC’s price action remains consistent with historical patterns.
“If the pattern holds, we would expect a peak somewhere around $200,000 in November or December of this year,” the analyst said, emphasizing the alignment with previous cycle behavior.
Power Curve Suggests Bitcoin Rally Has Room to Run
‘apsk32’ also shared a Bitcoin Power Curve Cycle Cloud chart, illustrating that when measured in gold ounces, the current cycle appears to be in its early stages. This supports the idea that Bitcoin still has significant upside potential ahead.
Following Bitcoin’s breakout from a two-month consolidation phase and a surge to an all-time high just shy of $123,000, bullish price predictions are pouring in.
$200K in 2025? Analysts and Influencers Weigh In
Former Google and Meta tech lead “TechLead” stated that the recent move to $120,000 was “nothing,” explaining:
“Exponential curves move faster in higher price bands. Bitcoin (log) has been on the same trendline since 2023. It’s $200K by year-end, then $1 million by 2028.”
In a note to investors, Bitunix analysts echoed the optimism, pointing to a bullish market sentiment and identifying the next potential liquidation pressure zone between $125,200 and $127,000.
Nic Puckrin, founder of The Coin Bureau, added that institutional capital is still driving the current rally, with retail interest likely to pick up once FOMO kicks in—possibly around the $150,000 mark.
Bitcoin Price Outlook
Despite hitting a new all-time high on Monday, Bitcoin has pulled back 3.7%, trading around $117,600 as of Tuesday morning in Asia. This price level aligns with recent resistance-turned-support. If support breaks, Bitcoin could test lower zones near $111,000 or $108,000.
Corrections like this are typical after strong rallies and are often seen as healthy resets before further upward movement.
