Summer 2025 Predicted as Bitcoin Price Cycle Peak by Analysts
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A classic Bitcoin price technical indicator suggests BTC’s price will peak within six months, while more downside may be expected in the short term.
Bitcoin is down 3% in the past 24 hours and 8% over the last week. Still, market analysts say this drawdown is not uncommon for BTC in January. Thus, the bull market may resume, with Bitcoin’s price potentially peaking in mid-July 2025, based on a key technical indicator.
The price has since dropped 14% from these record levels, but Bitcoin still has room to run higher, as indicated by the 52-week simple moving average (SMA), according to Bitcoin trader and analyst Dave the Wave.
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