BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Bitcoin Will Likely Peak Between $175K – $460K in the Next 12 Months According to This Technical Indicator

Michael Juanico by Michael Juanico
October 30, 2024
in CRYPTO
Share on XShare in TelegramShare on Reddit
  • A classic technical analysis tool suggests Bitcoin price will top in the $174,000–$462,000 range within the next 24 months.
  • Bitcoin’s price could peak in the $175,000–$450,000 zone, based on historically accurate Fibonacci retracement levels between 1.618 and 2.272 where each BTC top has been achieved.
  • The $86,200 level would be a critical point for the Bitcoin bulls, as it represents the high-risk upper boundary for the current cycle.

Bitcoin has recently hit new all-time highs, and investors are anticipating a period of price discovery as BTC breaks out of its recent trading range. According to historical price data, Bitcoin tops have previously coincided with certain Fibonacci retracement levels. Using this indicator, analysts have made predictions for where the current bull cycle may peak.

Fibonacci Retracement Levels

Each Bitcoin peak since 2013 has occurred between the key Fibonacci levels of 1.618 and 2.272. Under the current market structure, the price targets at these levels are $173,088 and $458,319 respectively. However, over the years the actual price high has been slightly below the previous Fibonacci range. If this trend continues, the 2025/2026 top could fall just under $173,000.

Critical Level at $86,200

According to analyst Axel Adler Jr, the $86,200 level will be a decisive point for Bitcoin bulls. This aligns with the upper boundary of Bitcoin’s current risk cycle, where short-term holders previously took profits. A break above $86,200 with strong momentum could lead to exponential price growth.

Conclusion

While predictions vary, the confluence of technical and on-chain indicators suggests the Bitcoin bull market has further to run. According to historically accurate Fibonacci levels, the cycle peak could reach between $174,000 and $462,000 within the next two years. However, as with any investment, nothing is guaranteed, and readers should do their own research before making decisions.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: all-time highsAxel Adler JrBitcoinbull cycleFibonacci
Tweet1ShareShare
Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

DON'T MISS THESE! HOT OFF THE PRESS

XRP Price Prediction Hits $13 – Here Is Why This Crypto Call Feels Overheated
CRYPTO

XRP Price Prediction Hits $13 – Here Is Why This Crypto Call Feels Overheated

February 18, 2026
Pi Coin Surges 40% in Crypto Markets – Here Is Why PI Is Pumping Right Now
CRYPTO

Pi Coin Surges 40% in Crypto Markets – Here Is Why PI Is Pumping Right Now

February 18, 2026
NFT Market Slips Back to Pre-2021 Levels as Speculation Fades and Reality Sets In: Here is What Comes Next
CRYPTO

NFT Market Slips Back to Pre-2021 Levels as Speculation Fades and Reality Sets In: Here is What Comes Next

February 18, 2026
OpenAI Launches EVMbench for Ethereum – Here Is Why Crypto Security Is Shifting
CRYPTO

OpenAI Launches EVMbench for Ethereum – Here Is Why Crypto Security Is Shifting

February 18, 2026
Shiba Inu Bullish Divergence Forms – Here Is Why SHIB’s 400% Crypto Call Divides Traders
CRYPTO

Shiba Inu Bullish Divergence Forms – Here Is Why SHIB’s 400% Crypto Call Divides Traders

February 18, 2026
Coinbase’s Base Drops Optimism Stack – Here Is Why This Crypto Shift Matters
CRYPTO

Coinbase’s Base Drops Optimism Stack – Here Is Why This Crypto Shift Matters

February 18, 2026
Load More

Related News

XRP Price Prediction Hits $13 – Here Is Why This Crypto Call Feels Overheated

XRP Price Prediction Hits $13 – Here Is Why This Crypto Call Feels Overheated

February 18, 2026
Pi Coin Surges 40% in Crypto Markets – Here Is Why PI Is Pumping Right Now

Pi Coin Surges 40% in Crypto Markets – Here Is Why PI Is Pumping Right Now

February 18, 2026
NFT Market Slips Back to Pre-2021 Levels as Speculation Fades and Reality Sets In: Here is What Comes Next

NFT Market Slips Back to Pre-2021 Levels as Speculation Fades and Reality Sets In: Here is What Comes Next

February 18, 2026
OpenAI Launches EVMbench for Ethereum – Here Is Why Crypto Security Is Shifting

OpenAI Launches EVMbench for Ethereum – Here Is Why Crypto Security Is Shifting

February 18, 2026
Shiba Inu Bullish Divergence Forms – Here Is Why SHIB’s 400% Crypto Call Divides Traders

Shiba Inu Bullish Divergence Forms – Here Is Why SHIB’s 400% Crypto Call Divides Traders

February 18, 2026
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews