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Estimating This Cycle’s Bitcoin Price Top

As this bitcoin price bull cycle carries on, everyone wants predictions of when the price may top out. We will add one framework to the mix. Nothing on CaseBitcoin.com, or any affiliated sites or social-media accounts, should be considered financial advice. CaseBitcoin.com ETH exchange is an informational resource only. Bitcoin is histortically a high volatility investment, and no one should invest more than they can afford to lose. All forecasts are updated on daily basis. Only mortgage rates forecast and history are updated weekly.

Maximum price $85488, minimum price $68875. Bitcoin price forecast at the end of the month $79895, change for April 16.0%. Maximum price $73696, minimum price $60473. Bitcoin price forecast at the end of the month $68875, change for March 13.9%. Maximum price $65069, minimum price $56240. Bitcoin price forecast at the end of the month $60473, change for February -7.1%.

Bitcoin

Maximum price $69624, minimum price $56094. Bitcoin price forecast at the end of the month $65069, change for January 16.0%. Maximum price $61644, minimum price $45544. Bitcoin price forecast at the end of the month $56094, change for December -1.3%. Maximum price $67745, minimum price $51850. Bitcoin price forecast at the end of the month $56821, change for November -7.4%. It’s also a fair assumption that long-term holders may expect lower profit percentage returns as larger returns diminish over time.

  • Maximum price $61644, minimum price $45544.
  • Bitcoin price forecast at the end of the month $60473, change for February -7.1%.
  • Bitcoin is histortically a high volatility investment, and no one should invest more than they can afford to lose.
  • As the bull cycle carries on, everyone wants price predictions and a better understanding of when the price may top out and reverse course.
  • CaseBitcoin.com is an informational resource only.

Although we expect bitcoin to reach a six-figure price this cycle, it’s difficult to estimate how far the cycle will extend beyond that. There’s a lot of different models, thoughts and projections on this already. We will add one framework to the mix using long-term holder cost basis and long-term holder historic spent output profit ratio trends. Read more about Buy ETH here. This shouldn’t be taken as a price prediction for the cycle but rather a logical thought exercise based on simple historical assumptions.

What Sopr Can Tell Us About Bitcoin Market Sentiment

Maybe they realize a lower level of profit this time around or hold out for higher prices, expecting a new type of adoption cycle unfolding. In the beginning price at Dollars. Maximum price $98293, minimum price $79192. Bitcoin price forecast at the end of the month $91863, change for October 16.0%. Maximum price $94276, minimum price $73649. Bitcoin price forecast at the end of the month $79192, change for September -16.0%.

For example, the long-term holder cost basis is now $17,751. If long-term holders look to take the same level of profits like they did at the previous all-time high (804%), the cycle price would need to be $160,469. If they expected to take profit levels at the peak in January 2018 (1,974%), the cycle price would need to be $368,157. A midpoint between the two would be 1,389% with a price around $264,000. SOPR tells us price sold over price paid, indicating what profit levels long-term holders realized in the past. At the peak price over previous all-time highs in 2018 and 2021, long-term holder SOPR peaked at 20.74 and 9.04, respectively. Said otherwise, that’s 1,974% and 804% realized profit. A big market question is at what price level will a portion of long-term holders be incentivized to sell some of their bitcoin? That will likely mark the cycle top. As the bull cycle carries on, everyone wants price predictions and a better understanding of when the price may top out and reverse course.

Maximum price $66315, minimum price $57639. Bitcoin price forecast at the end of the month $61977, change for July -1.8%. Maximum price $75103, minimum price $58671. Bitcoin price forecast at the end of the month $63087, change for June -16.0%. Maximum price $80360, minimum price $69846. Bitcoin price forecast at the end of the month $75103, change for May -6.0%.

Maximum price $100875, minimum price $87677. Bitcoin price forecast at the end of the month $94276, change for August 2.0%. Maximum price $100095, minimum price $83396. Bitcoin price forecast at the end of the month $93547, change for October 12.2%. Maximum price $89234, minimum price $71893. Bitcoin price forecast at the end of the month $83396, change for September 16.0%. Maximum price $76926, minimum price $61977. Bitcoin price forecast at the end of the month $71893, change for August 16.0%.