One of the few analysts who accurately called Bitcoin’s 2025 top predicts that it will take a while for BTC to return to the six-figure level.
The pseudonymous analyst KillaXBT tells his 208,000 followers on X that Bitcoin will likely see the $100,000 level but it won’t happen until 2027 based on historical precedence.
“I’m bullish on the HTF (high timeframe) and there are plenty of macro bottom signals flashing. But there’s absolutely no chance we’re seeing $100,000 this year. Bottoms take time to form, developing through multiple smaller ranges before a significant expansion occurs, which makes a move to $100,000 this year close to impossible. I see $100,000 sometime next year, likely in late Q2 or Q3. Anyone expecting $100,000 before then is getting way ahead of themselves.”
In the near term, the analyst says Bitcoin will likely correct further.
“Currently searching for something like this on BTC. With the three and six month candles closing, I’d ideally like to see a sweep of the highs by next month at the latest.”
The trader also says that Bitcoin may be printing a similar pattern from 2022 and could return the $50,000 range before rallying again.
“Bottom. Soon. Don’t shoot the messenger.”
Bitcoin is trading for $62,831 at time of writing, down 1.6% on the day.
Follow us on X, Facebook and TelegramDon't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
