• Advertise
  • Submit a Press Release
  • About Us
NewsBTC

Bitcoin & cryptocurrency news

  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
      • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • CasinosTry
  • Play GamesTry
  • Play Casino GamesTry
  • Best Crypto CasinoTry
No Result
View All Result
Breaking News: Ethereum Price Cracks Above $2,000 As BlackRock Eyes ETH ETF
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
      • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • CasinosTry
  • Play GamesTry
  • Play Casino GamesTry
  • Best Crypto CasinoTry
No Result
View All Result
Bitcoin News
No Result
View All Result
Breaking News: Ethereum Price Cracks Above $2,000 As BlackRock Eyes ETH ETF
Bitcoin next cycle high

Expert Predicts Date For Next Bitcoin Cycle High Of $130,000

Jake Simmons by Jake Simmons
3 weeks ago
in Bitcoin
Reading Time: 2 mins read

CryptoCon, a figure in the crypto analysis community, has presented a detailed chart that anticipates the next Bitcoin cycle peak to be in the vicinity of $130,000. According to the analyst, the date for the next cycle high will be November 28, 2025, with a possible deviation of 21 days. This projection is based on the Halving Cycles Theory, which aligns the Bitcoin price movement with the dates of its halving events.

Bitcoin Halving Cycle Theory

The chart delineates Bitcoin’s historical and projected price trajectory across four color-coded cycles, each representing a different market phase postulated by CryptoCon. The “Green Year” indicates periods of accumulation, with the best cycle buying prices and a return to the median, which is half of the previous all-time high (ATH).

The “Blue Year” is identified as a preparatory phase where the price gravitates around the median before climbing towards new ATHs at the end of the year. The “Red Year” heralds new ATHs, while the “Orange Year” suggests a bear market where the price becomes undervalued and bottoms out at the end of the year.

Bitcoin price next halving cycle
Bitcoin price prediction | Source: X @CryptoCon_

CryptoCon’s theory is grounded in the historical patterns observed around Bitcoin’s halving events—the first on November 28, 2012, and the second on July 9, 2016. The analyst asserts, “Every prediction of this model has remained precisely on track since its creation in Jan of this year.”

Related Reading: Bitcoin Falls Under $35,000 But 86% Of Supply Remains Unmoved – Temporary Setback?

Despite criticisms regarding the exact timing of past cycle peaks, CryptoCon maintains confidence in the model, stating, “The biggest critique I have seen of this model is that the technical top came in April 2021 and not November. But you can’t argue with the numbers, the price was higher.”

Early Top, Top, And Bottom For The Next BTC Cycle

The analyst’s approach combines various price experiments and a Trend Pattern Price model, leading to a consensus target of $130,000. The shared chart also specifies that Bitcoin is on the cusp of a “Blue Year.” According to CryptoCon, the next early top for Bitcoin is anticipated to occur within a 21-day window around July 9th, 2024, with an expected price range of $42,000 to $48,000.

Related Reading: Bitcoin Price Plunge To $12,000 Is Not Foreseeable – Analyst Explains Why

The chart analysis goes on to forecast the next cycle top, which is expected to fall within a similar 21-day margin around November 28, 2025. The projected price range for this peak is notably bullish, setting the target between $90,000 to $130,000.

CryptoCon’s tweet underscores this prediction, stating: “Nothing has changed about my time frame or expected price for the next Bitcoin cycle top. 90 – 130k +/- 21 days from Nov 28th, 2025.”

Remarkably, Cryptocon is also providing insights into the next cycle bottom. His forecast suggests a price floor of approximately $27,000, again within a 21-day range from November 28th, 2026. This aligns with the model’s ‘Orange Year,’ which is typically characterized as a bear market period where the price is expected to bottom out by the end of the year.

At press time, BTC traded at $35,229.

Bitcoin price
BTC bull pennant in progress, 1-day chart | Source: BTCUSD on TradingView.com
Featured image from iStock, chart from TradingView.com
Tags: bitcoinBitcoin Halving Cyclebitcoin pricebtc pricebtcusd
Tweet123Share196ShareSend
Jake Simmons

Jake Simmons

Jake Simmons, a dedicated crypto journalist, has nurtured an unwavering passion for Bitcoin since 2016. Delving deep into the crypto world daily, he disseminates his profound insights and expertise to readers and the wider community. Jake is a firm believer in Bitcoin's transformative power over the conventional fiat currency system. Holding a degree in Business Informatics, Jake has been entrenched in the blockchain and crypto professionally since his graduation in 2017. Engage with his latest takes on Twitter: @realJakeSimmons.

Related Posts

Bitcoin price prediction

Bitcoin Price Alert: $48,000 By Early January, Forecasts Proven Indicator

13 hours ago
Bitcoin

Renowned Finance Author Says Buy Bitcoin Now Before It’s Too Late, Here’s Why

1 day ago
Bitcoin Spot ETF

Bitcoin Spot ETF Will Bring $70 Billion In New Money To Trigger Price Rally – Glassnode

3 days ago
Bitcoin

Analyst Sounds Warning: This Might Be Your Last Chance To Buy Bitcoin Below $40,000

4 days ago
Grayscale Bitcoin ETF outflows JP Morgan

Grayscale’s Bitcoin ETF Conversion Could Lead To $2.7 Billion Exodus: JPMorgan

5 days ago
Grayscale Spot Bitcoin ETF Small

Grayscale Files Updated Spot ETF As Bitcoin Barrels Past $37,000

6 days ago

Premium Partners

Top Casinos

BitStarz

BitStarz

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Trust Dice

Trust Dice

Review · Visit
mBit

mBit

Review · Visit
Inmerion

Inmerion

Review · Visit

Press Releases

  • SEC Calls $ADA and $SOL “Securities” in New Kraken...

    15 hours ago
  • Primex Finance Deploys to Arbitrum to Enable Leverage on...

    1 day ago
  • FansHood Unleashes Innovative SocialFi Platform Redefining...

    2 days ago
  • ArbitrageScanner is hosting its biggest affiliate event in...

    2 days ago
  • $SCORP Token: Passive Income With Deflationary Mechanics...

    2 days ago

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

Company

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

© 2023 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
      • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Casinos
  • Play Games
  • Play Casino Games
  • Best Crypto Casino

© 2023 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.