BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

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

by Sham
October 30, 2024
in Crypto
A A
Bitcoin Will Likely Peak Between $175K – $460K in the Next 12 Months According to This Technical Indicator
5
SHARES
Share on TwitterShare 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.

Tags: all-time highsAxel Adler JrBitcoinbull cycleFibonacci
Tweet1ShareShare2

DON'T MISS THESE! HOT OFF THE PRESS

Bitcoin Nears $120K Prompting Apology from Top Analyst: Here is Their New Price Prediction
Bitcoin

Bitcoin Nears $120K Prompting Apology from Top Analyst: Here is Their New Price Prediction

May 8, 2025
Ethereum ETH Breaks $2,000: Here is The Next Price Level You Need to Watch
Crypto

Ethereum ETH Breaks $2,000: Here is The Next Price Level You Need to Watch

May 8, 2025
JRNY CLUB Announces $JRNY Token and EARN Platform
Breaking News

JRNY CLUB Announces $JRNY Token and EARN Platform

May 7, 2025
Everything You Need to Know About Doodles Upcoming DOOD Token
Crypto

Everything You Need to Know About Doodles Upcoming DOOD Token

May 7, 2025
Mark Cuban Slams Trump’s Crypto Ventures as Self-Serving Disaster: Is This True?
Crypto

Mark Cuban Slams Trump’s Crypto Ventures as Self-Serving Disaster: Is This True?

May 7, 2025
U.S. Aims to Become Premier Hub for Digital Asset Innovation, Says Bessent
Crypto

U.S. Aims to Become Premier Hub for Digital Asset Innovation, Says Bessent

May 7, 2025
Load More

Related News

Trump Blasts Fed Chair Powell as ‘FOOL’ Over Rate Decision: Is He Right?

Trump Blasts Fed Chair Powell as ‘FOOL’ Over Rate Decision: Is He Right?

May 8, 2025
Ethereum ETH Breaks $2,000: Here is The Next Price Level You Need to Watch

Ethereum ETH Breaks $2,000: Here is The Next Price Level You Need to Watch

May 8, 2025
JRNY CLUB Announces $JRNY Token and EARN Platform

JRNY CLUB Announces $JRNY Token and EARN Platform

May 7, 2025
Everything You Need to Know About Doodles Upcoming DOOD Token

Everything You Need to Know About Doodles Upcoming DOOD Token

May 7, 2025
Federal Reserve Holds Steady as Trump Tariffs Threaten Economic Stability: The Hard Truth Exposed

Federal Reserve Holds Steady as Trump Tariffs Threaten Economic Stability: The Hard Truth Exposed

May 7, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

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

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Newsletter
  • Advertise
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano China Coinbase crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX Gary Gensler grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology twitter US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.