This article is available in Spanish.
As of December 21, 2024, the Bitcoin price is trading around $98,600, reflecting a 3.4% increase from the previous closing price. This increase is part of a broader trend characterized by significant price swings over the past seven days, including Bitcoin breaking below narrow support levels. In particular, Bitcoin’s price movements in recent days have been filled with declines below the $100,000 price level and liquidations on the whole crypto industry.
Analyst predicts Bitcoin price will rise above $225,000 by June 2025
Among the many voices that factor into Bitcoin’s future trajectory is Adrian Zduńczyk, a renowned cryptocurrency analyst, better known as CRYPTO₿IRB. While sharing his insights about Xthe analyst noted that Bitcoin’s current bull run is already 80% complete, while the remaining 20% is expected to be the most exciting phase. According to Zduńczyk, this phase will push the Bitcoin price to unprecedented heights in the first half of 2025.
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Speaking of a bull run that was 80% complete, the current market cycle arguably began in October 2023, when applications of Spot Bitcoin ETFs caused euphoria among crypto investors. At the time, Bitcoin was trading around $26,000, but the subsequent rally saw it break above multiple price resistance levels in quick succession. This in turn led to a break above the then all-time high to reach above $70,000 in March 2024, and then to the final break above the psychological threshold of $100,000 in December 2024.
As CRYPTO₿IRB predicted, the current bull run has completed approximately 80% of its trajectory, with only 20% left to play. Calculations show that Bitcoin has already risen by about 315% since the bull run began about a year ago. However, the analyst’s projection suggests that the leading cryptocurrency is poised to soar another 110% from its current all-time high over the next six months. Notably, Zduńczyk has predicted that Bitcoin will peak at an astonishing price of over $225,000 in June 2025.
Altseason is tracking Bitcoin’s peak and the bear market is lurking after 2025
Zduńczyk expects that there will be a big altseason, characterized by explosive gains in the altcoin market, after Bitcoin reaches its expected peak. However, he cautioned investors to remain vigilant, warning that 2026 will likely usher in a bear market and potentially see losses of between 80% and 90% due to the highs of several cryptocurrencies.
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His advice to the crypto community is clear: “Realize profits and run before 2025 ends.” The analyst also hinted at a major development scheduled for December 27, which he cryptically called a “major release,” although details have not been made public at this time.
Although the CRYPTO₿IRB forecast is bullish, it is pales in comparison to projections from other crypto analysts, some of whom place Bitcoin’s peak above $1 million in the current market cycle.
Featured image created with Dall.E, chart from Tradingview.com
