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Xanrox, a cryptocurrency analyst using Elliott Wave theory and Fibonacci levels, has predicted that Bitcoin will reach between $115,000 and $125,000 by 2025.
The analyst has advised investors to sell their assets at this peak. He also warned that a long-term bear market will begin after reaching this peak.
According to the analysis, Bitcoin will likely fall to $50,000 to $60,000 after reaching the peak. The analyst believes that predictions above $200,000 for Bitcoin in 2025 are unrealistic. He also noted that Bitcoin could fall to around $85,000 before reaching a peak of $125,000. 12 replies
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