Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Finish Bitcoin price inches in the direction of all time-can Momentum?

2025-05-19

Only 5% will make it

2025-05-19

SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

    2025-05-19

    Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

    2025-05-19

    Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

    2025-05-19

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19
  • NFT

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19

    XRP -Price confirms Bullish reversing settings with this demand zone

    2025-05-19

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19

    Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Bitcoin Decline Isn’t a Cause for Worry, $100,000 Is Still in the Cards, Says Analyst
Bitcoin

Bitcoin Decline Isn’t a Cause for Worry, $100,000 Is Still in the Cards, Says Analyst

2024-09-02No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

This article is available in Spanish.

Bitcoin’s recent price volatilityincluding a crash below $50,000 last month, has slowed the economy’s momentum significantly bull run that many analysts are anticipating. Despite the price drop, a certain crypto analyst believes that the Bitcoin bull run is still on track, predicting a sharp rise to over $100,000 once the current price corrections stabilize.

Bitcoin Bull Run is still going strong

Popular crypto analyst CryptoCon sees it The recent price drop of Bitcoin as a minor setback, indicating that the cryptocurrency is highly anticipated running of the bulls remains unaffected. The analyst took to X (formerly Twitter) on August 28 to make a bullish prediction for Bitcoin, based on its current price behavior based on historical trend patterns.

Related reading

CryptoCon indicated that recent market events or news involved The price drop of Bitcoin and market volatility can be distracting for many investors, causing them to lose sight of the big picture. The analyst shared a detailed message Bitcoin price chart showing all 2013 halving cycles, each clearly showing a similar bullish pattern.

Bitcoin1
Source:

The analyst identified a recurring pattern in Bitcoin’s price movements before and after each halving cycle, where an initial period of decline followed by intense bullish momentum. CryptoCon revealed that Bitcoin’s price witnessed a significant bearish dip in August 2012 before climbing to new highs in 2013.

This trend was clearly visible in the following period halving cycleswith August 2016 and 2020 marked by extended periods of ‘boring’ price action, before a dramatic rise to new highs in 2017 and 2021 respectively. CryptoCon has described this signature bullish year as the “Red Year.”

See also  Analysts highlight the shift in investor sentiment as Bitcoin approaches $98,000

The analyst describes 2024 as a ‘blue year’, characterized by stable or unexciting price movements. He indicated that this period is probably a build-up or preparation phase before a “Red Year”. Bitcoin’s price reaches a new all-time record.

Based on his analysis of Bitcoin’s historical halving cyclesNotably, CryptoCon increased its conservative estimate for the Bitcoin cycle top, adjusting the range from $90,000 – $130,000 to $110,000 – $160,000.

Other analysts share a similar sentiment

Another crypto analyst, identified as ‘Kyledoops’ on X, shares a similar bullish sentiment for Bitcoin’s future price prospects. According to Kyledoops, Bitcoin’s net capital inflow is slowing This points to a delicate situation where investors’ profits and losses are almost in balance.

Related reading

Bitcoin2
Source:

He revealed that historically, periods of reduced capital inflows, such as what Bitcoin is currently experiencing, have often been followed by significant ones price fluctuations and volatility spikes. However, this silence also indicates that huge price swings are coming for Bitcoin.

At the time of writing, Bitcoin’s price is trading at $58,051, reflecting a steep decline of 9.07% over the past seven days, according to CoinMarketCap. Despite persistent bearish trends, the pioneer cryptocurrency continues to reach and stabilize at the $60,000 mark.

Bitcoin price chart from Tradingview.com
BTC price recovers from low | Source: BTCUSD on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com

Source link

Analyst Bitcoin Cards decline isnt Worry
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Finish Bitcoin price inches in the direction of all time-can Momentum?

2025-05-19

Whales that are used heavily on Bitcoin Longs – this is why this can work out counterproductive!

2025-05-19

Ethereum cools down as Bitcoin Strances: the rotation game of Smart Money Decoding!

2025-05-19

Bitcoin’s transaction costs rises to a YTD height of $ 2.4

2025-05-19
Add A Comment

Comments are closed.

Top Posts

Why the Meme Coin Frenzy is important

2024-05-06

Financial expert explains why XRP is a scam

2023-12-20

We crunched the numbers…BTC is up 34,126,864x since 2009!

2023-10-27
Editors Picks

Theta Labs will help Pet Collective turn pet video viewers into superfans

2023-09-29

Make a powerful statement with .BALD! 🚀

2024-10-16

Billionaire Chamath Palihapitiya says new wave of Crypto acquisitions powered by five important trends

2025-04-29

OpenSea sales volume is at a 2023 low as the NFT winter deepens

2023-10-27
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Finish Bitcoin price inches in the direction of all time-can Momentum?

Only 5% will make it

SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,102.450.61%
  • ethereumEthereum(ETH)$2,507.883.11%
  • tetherTether USDt(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.37-0.68%
  • binancecoinBNB(BNB)$648.510.67%
  • solanaSolana(SOL)$165.56-1.83%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.223465-1.06%
  • cardanoCardano(ADA)$0.74-0.43%
  • tronTRON(TRX)$0.265510-0.17%
  • suiSui(SUI)$3.81-0.02%
  • chainlinkChainlink(LINK)$15.721.38%
  • avalanche-2Avalanche(AVAX)$22.10-1.68%
  • stellarStellar(XLM)$0.284120-1.31%
  • hyperliquidHyperliquid(HYPE)$26.360.01%
  • shiba-inuShiba Inu(SHIB)$0.000014-0.68%
  • hedera-hashgraphHedera(HBAR)$0.191283-0.87%
  • unus-sed-leoUNUS SED LEO(LEO)$8.680.13%
  • bitcoin-cashBitcoin Cash(BCH)$391.07-1.90%
  • the-open-networkToncoin(TON)$3.01-3.56%
  • litecoinLitecoin(LTC)$98.77-0.26%
  • polkadotPolkadot(DOT)$4.57-2.04%
  • moneroMonero(XMR)$343.950.67%
  • bitget-tokenBitget Token(BGB)$5.191.90%
  • pepePepe(PEPE)$0.000013-0.18%
  • daiDai(DAI)$1.000.02%
  • piPi(PI)$0.73-1.24%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • uniswapUniswap(UNI)$5.920.04%
  • aaveAave(AAVE)$239.996.35%
  • bittensorBittensor(TAO)$405.71-2.64%
  • nearNEAR Protocol(NEAR)$2.74-0.72%
  • aptosAptos(APT)$5.140.86%
  • okbOKB(OKB)$52.22-0.99%
  • ondo-financeOndo(ONDO)$0.92-0.47%
  • ethereum-classicEthereum Classic(ETC)$18.400.99%
  • kaspaKaspa(KAS)$0.106269-3.67%
  • internet-computerInternet Computer(ICP)$5.17-0.66%
  • gatechain-tokenGateToken(GT)$21.40-0.78%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.79-1.42%
  • crypto-com-chainCronos(CRO)$0.095688-2.05%
  • mantleMantle(MNT)$0.73-0.81%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231400-2.13%
  • vechainVeChain(VET)$0.027856-1.30%
  • render-tokenRender(RENDER)$4.54-0.38%
  • usd1World Liberty Financial USD(USD1)$1.00-0.04%
  • ethenaEthena(ENA)$0.361581-3.23%
  • filecoinFilecoin(FIL)$2.850.00%
  • algorandAlgorand(ALGO)$0.220517-0.29%
  • arbitrumArbitrum(ARB)$0.3881711.37%
  • bitcoinBitcoin(BTC)$105,102.450.61%
  • ethereumEthereum(ETH)$2,507.883.11%
  • tetherTether USDt(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.37-0.68%
  • binancecoinBNB(BNB)$648.510.67%
  • solanaSolana(SOL)$165.56-1.83%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.223465-1.06%
  • cardanoCardano(ADA)$0.74-0.43%
  • tronTRON(TRX)$0.265510-0.17%
  • suiSui(SUI)$3.81-0.02%
  • chainlinkChainlink(LINK)$15.721.38%
  • avalanche-2Avalanche(AVAX)$22.10-1.68%
  • stellarStellar(XLM)$0.284120-1.31%
  • hyperliquidHyperliquid(HYPE)$26.360.01%
  • shiba-inuShiba Inu(SHIB)$0.000014-0.68%
  • hedera-hashgraphHedera(HBAR)$0.191283-0.87%
  • unus-sed-leoUNUS SED LEO(LEO)$8.680.13%
  • bitcoin-cashBitcoin Cash(BCH)$391.07-1.90%
  • the-open-networkToncoin(TON)$3.01-3.56%
  • litecoinLitecoin(LTC)$98.77-0.26%
  • polkadotPolkadot(DOT)$4.57-2.04%
  • moneroMonero(XMR)$343.950.67%
  • bitget-tokenBitget Token(BGB)$5.191.90%
  • pepePepe(PEPE)$0.000013-0.18%
  • daiDai(DAI)$1.000.02%
  • piPi(PI)$0.73-1.24%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • uniswapUniswap(UNI)$5.920.04%
  • aaveAave(AAVE)$239.996.35%
  • bittensorBittensor(TAO)$405.71-2.64%
  • nearNEAR Protocol(NEAR)$2.74-0.72%
  • aptosAptos(APT)$5.140.86%
  • okbOKB(OKB)$52.22-0.99%
  • ondo-financeOndo(ONDO)$0.92-0.47%
  • ethereum-classicEthereum Classic(ETC)$18.400.99%
  • kaspaKaspa(KAS)$0.106269-3.67%
  • internet-computerInternet Computer(ICP)$5.17-0.66%
  • gatechain-tokenGateToken(GT)$21.40-0.78%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.79-1.42%
  • crypto-com-chainCronos(CRO)$0.095688-2.05%
  • mantleMantle(MNT)$0.73-0.81%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231400-2.13%
  • vechainVeChain(VET)$0.027856-1.30%
  • render-tokenRender(RENDER)$4.54-0.38%
  • usd1World Liberty Financial USD(USD1)$1.00-0.04%
  • ethenaEthena(ENA)$0.361581-3.23%
  • filecoinFilecoin(FIL)$2.850.00%
  • algorandAlgorand(ALGO)$0.220517-0.29%
  • arbitrumArbitrum(ARB)$0.3881711.37%