Bitcoin Tracking Past Cycles as Analysts Predict $200K in 2025
âBitcoin is still tracking past cycles surprisingly well,â said engineer and analyst âapsk32â on X on Monday.This is quite remarkable given the headwinds such asUS trade tariffsand geopolitical conflicts they added. Nevertheless, there was still a big price prediction to go with it.âIf the pattern holds, we would expect a peak somewhere around $200,000 in November or December of this year.âBitcoin to Surge HigherThe analyst produced a Bitcoin Power Curve Cycle Cloud chart stating that if BTC is measured in gold ounces, âit looks like the cycle hasnât even started.âBitcoinâs still tracking past cycles surprisingly well, given this time we have the ETFs, TCs, tariffs, and the Ukraine-Russia and Israel-Iran conflicts. If the pattern holds, we would expect a peak somewhere around $200,000 in November or December of this year.In the comments⌠pic.twitter.com/q9tX1NBbqXâ apsk32 (@apsk32) July 13, 2025A flurry of bullish price predictions has emerged since the asset broke out of its two-month sideways channel and surged to anall-time highof just below $123,000 on Monday.Former Google and Meta tech lead âTechLeadâ said that $120,000 was ânothing,â before adding:âExponential curves move faster in higher price bands. Bitcoin (log) has been on the same trendline since 2023. Itâs $200K by year-end, then $1 million by 2028.âIn a note shared with investors, Bitunix analysts said that crypto market sentiment remains bullish, with the next potential liquidation pressure zone lying between $125,200 and $127,000.Meanwhile, Nic Puckrin, founder of The Coin Bureau, said in a note that retail buyers are nowhere to be seen yet, and this rally is still driven by institutional capital. He added that retail investors are not likely to get involved until FOMO kicks in at around the $150,000 level.On July 12, before Mondayâs Bitcoin run to an all-time high, the founder and CEO of CoinFund, Jake Brukhman, posted a list of bullish price predictions from a number of sources.These Bitcoin price predictions arenât bullish enough. pic.twitter.com/6B3C1qhD9Uâ Jake Brukhman deAI Summer 2025 (@jbrukh) July 12, 2025BTC Price OutlookBitcoin has cooled by 3.7% from yesterdayâs all-time high, correcting sharply to $117,600 at the time of writing during the Tuesday morning Asian trading session.The asset is now back at support, which was resistance late last week. If this support level does not hold, it could fall back to short-term support just above $111,000 or longer-term support at the $108,000 zone.Pullbacks such as this are not uncommon following aeuphoric rallyand are an opportunity for markets to reset following profit taking at record highs.