A closely followed crypto analyst predicts where the price of Bitcoin (BTC) and Solana (SOL) will peak in the current market cycle.
In a new video update, the InvestAnswers host tells his 552,000 YouTube subscribers that he expects the leading crypto asset by market cap to rise at least 43% from current levels before the bull market runs out.
“I raised my Bitcoin price target from $120,000 to $136,000, with a super bull target of $154,000…
Bitcoin is a strange beast – everything is based on demand and supply. If demand continues like this, these goals will be very easy to achieve, which is hard to believe.
If you [were to] If you asked me that in 2023, I would say, “Wow, that’s bullish.” Additionally, I believe spot ETFs (exchange traded funds) will continue to add at least $48 billion in 2025. That’s how much they added in 2024.”
According to the analyst, based on historical patterns, the crypto king is likely to peak sometime in the third or fourth quarter of next year.
“In 2015-2017 we peaked 518 days after the halving and in 2019-2021 we peaked 546 days after the halving. So if we take an average of that, we’ll get somewhere…
