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Cryptocurrency News Articles

Bitcoin Price Drops Below US$100,000, Analyst Predicts It Could Reach US$225,000 in June 2025

Dec 23, 2024 at 01:07 pm

The price of Bitcoin on Monday, December 23, slumped to the level of US$95,137 (Rp1.5 billion). Bitcoin slipped below US$100,000 per coin after touching the new all time high (ATH) which was achieved on December 17.

Bitcoin Price Drops Below US$100,000, Analyst Predicts It Could Reach US$225,000 in June 2025

The price of Bitcoin on Monday, December 23, fell to the level of US$95,137 (Rp1.5 billion). Bitcoin slipped below the level of US$100,000 per coin after touching the new all time high (ATH) which was achieved on December 17.

Adrian Zdu Mariczyk, a leading crypto analyst known as CRYPTO IRB, predicts that the ongoing Bitcoin bull run still has the final phase which is expected to bring prices to new peaks. According to him, Bitcoin could reach more than US$225.000 (Rp3.64 billion) in June 2025 before the market turns around.

"We have passed 80% of this cycle. The last phase is the most interesting, and will take Bitcoin to a new high," said Zduwasczyk on his social media account.

The Bitcoin bull run cycle is believed to have started in October 2023, when the Bitcoin ETF Spot proposal caused euphoria among investors. At that time, the price of Bitcoin was in the range of US$26,000 (Rp421 million). In a short time, Bitcoin surpassed the critical resistance level, including past US$70,000 (Rp1.13 billion) in March 2024 and US$100,000 in December 2024.

However, Zduberczyk warned that 2026 is likely to be the beginning of the bearish market. He projects that the prices of various cryptocurrencies can fall freely up to 80%-90% of their highest level. "Realize profits before 2025 ends," is Zdu Badminton's suggestion.

Zduberczyk's prediction is relatively moderate compared to other analysts. For example, Robert Kiyosaki, author of Rich Dad Poor Dad, predicts Bitcoin could reach US$500,000 (Rp8.1 billion) by 2025. On the other hand, analysts from Alliance Bernstein set a more conservative pricing target, which is US$150,000 (Rp2.43 billion) by the end of 2025.

News source:voi.id

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