Bitcoin Price Prediction 2025: Will BTC Hit $78,000 or $100,000?

Several predictions for Bitcoin price in 2025 have emerged since the turn of the year. While many experts expect the premier cryptocurrency

Several predictions for the Bitcoin price in 2025 have surfaced since the beginning of the year. While many experts expect the premier cryptocurrency to continue its historic price rise in 2024, some believe that its value has already peaked in the current cycle.

A well-known crypto trader on the social media platform X — in his latest prediction — has made a significantly bearish call on the Bitcoin price. Here is the potential path to a steep correction for the BTC price in the coming weeks.

Is A 20% Correction On The Cards For Bitcoin Price?

Crypto analyst Ali Martinez shared an interesting analysis of the Bitcoin price on the X platform. According to the crypto pundit, the flagship cryptocurrency is at risk of a significant pullback to around the $78,000 price level.

This bearish projection is based on the formation of the head-and-shoulders pattern on the 4-hour price chart. The head-and-shoulders formation is a technical analysis pattern characterized by three distinct price highs, with a higher “head” set between two lower “shoulders.”

This chart pattern usually indicates a potential bearish reversal, signaling a transition from an upward price trend to a downtrend. This trend reversal is confirmed when the price breaks below the neckline, which is a trendline connecting the troughs (swing lows) on either side of the head.

As you can see in the chart above, the Bitcoin price recently tested the neckline at around the $92,000 region before bouncing back up to above $98,000. However, it seems like the Bitcoin price is headed back to the neckline at $92,000.

According to Martinez, if the price of BTC returns, successfully breaches, and closes below the neckline, the flagship cryptocurrency could witness a correction to as low as $78,000. This marks an almost 20% decline from the current price point.

On the other hand, a strong close above the $100,000 mark would invalidate the current bearish setup, the crypto analyst notes. A return to a six-figure valuation could see the market leader resume its bullish course and potentially reach new highs.

Bitcoin Price At A Glance

At the time of writing, the price of BTC sits just below 98,000, indicating a minimal 0.8% decrease in the past 24 hours. According to data from CoinGecko, the premier cryptocurrency is up by nearly 4% on the weekly timeframe.