As of December 21, 2024, the price of Bitcoin is trading at around $98,600, showing an increase of 3.4% from the previous close. This rise is part of a wider trend marked by significant price swings in the past seven days, which Bitcoin has seen break below close support levels. In particular, Bitcoin's price movement in recent days has been filled with declines below the $100,000 price level and liquid throughout the whole crypto industry.
Analyst Predicts Bitcoin Price Rise Above $225,000 By June 2025
Among the many voices weigh in on Bitcoin's future trajectory Adrian Zduńczyk is a renowned cryptocurrency analyst better known as CRYPTO₿IRB. While shares his thoughts on Xthe analyst noted that Bitcoin's current bull run 80% is already ready, and the remaining 20% is expected to be the most interesting. According to Zduńczyk, this level will push the price of Bitcoin to unprecedented heights in the first half of 2025.
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Speaking of the bull run being 80% complete, it can be said that the current market cycle started in October 2023, when requests from Spot Bitcoin ETFs sparked euphoria among crypto investors. At that time, Bitcoin was trading around $26,000, but the rally that followed saw it break above successive price multiplier levels. This, in turn, led to a break above its then-high to surpass $70,000 in March 2024, followed by a more recent break above the psychological $100,000 threshold in December 2024.
As CRYPTO₿IRB predicted, the current bull run has played out to about 80% of its way, with only 20% left to play out. Calculations show that Bitcoin has already increased by about 315% since the bull run started about a year ago. However, the analyst's projection suggests that the leading cryptocurrency is set to make another 110% increase from its current peak in the next six months. In particular, Zduńczyk has projected that Bitcoin will peak at a staggering price of over $225,000 by June 2025.
Altseason To follow the peak of Bitcoin, there will be a bear market beyond 2025
Zduńczyk predicts that a major altseason, which is characterized by explosive gains across the altcoin market, will occur after Bitcoin reaches its expected peak. However, he cautioned investors to be vigilant, warning that 2026 would likely use a bear market and could bring in losses between 80% and 90% from the highs of various cryptocurrencies.
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His advice to the crypto community is clear: “Take advantage and run before 2025 ends.” The analyst also mentioned an important development scheduled for December 27, which he casually referred to as a “major release,” although details have not yet been released at this time.
Although the forecast of CRYPTO₿IRB is bullish, it is pales in comparison to projections from other crypto analysts, with some adding Bitcoin peak over $1 million in the current market cycle.
Featured image created by Dall.E, chart from Tradingview.com
