Bitcoin’s price has been a bit wobbly lately, recently bouncing around the $110,000 mark. This has some investors worried, but one analyst thinks we shouldn’t panic.
Bitcoin’s Consolidation Phase
Analyst Ted Pillows believes the recent price dips are just a temporary setback. He calls it a “leverage flush,” a normal part of the cycle. He points to historical data showing a consistent pattern after each Bitcoin halving event.
The 18-Month Peak
Pillows’ analysis of Bitcoin’s past cycles reveals a fascinating trend: the price typically peaks about 18 months after each halving. Since the last halving happened in April 2024, his prediction for the next peak is around October 13, 2025.
The Final Bull Run
His charts also show a recurring 140-day rally, usually the final push in a bull market. If this pattern repeats, Bitcoin could be on the verge of a significant price surge.
How High Could Bitcoin Go?
The potential upside is huge, according to Pillows. While the exact price is uncertain, several factors point to significant growth. Increased institutional investment and positive US crypto regulations are strong bullish indicators. One model even predicts a price of $368,925 by the end of 2025 – a potential 242% increase from current prices.
The Bottom Line
While Bitcoin’s price fluctuates, analyst Ted Pillows remains optimistic, predicting a major price surge culminating in October 2025. He suggests the recent dips are normal and shouldn’t cause undue alarm.
