A crypto analyst, Xanrox, is predicting a Bitcoin price surge, but with a crucial sell point. Let’s break down his forecast.
The Big Bitcoin Prediction
Xanrox, using Elliott Wave Theory and Fibonacci extensions, thinks Bitcoin will hit its peak between $115,000 and $125,000 sometime in 2025. He sees this as the absolute top of the current bull market. His analysis shows Bitcoin following a long-term upward trend since 2017.
When to Sell: The Key Signals
Xanrox identifies two main signals to watch:
- The Trendline:
A long-term ascending trendline from 2017-2021. He says this acts as a resistance level, and when Bitcoin hits it, it’s time to sell. - Fibonacci Extension: The 1.618 Fibonacci extension at $122,068 acts as another crucial resistance point.
The confluence of these two signals is the key for Xanrox’s prediction. He acknowledges other analysts predict much higher prices, but he thinks those are unrealistic given Bitcoin’s current market cap.
Short-Term Volatility
Xanrox expects a wild ride before the peak. He thinks Bitcoin will first crash to around $85,000 before rocketing up to that $125,000 target.
The Coming Bear Market
Once Bitcoin hits that $115,000-$125,000 peak, Xanrox believes a lengthy bear market will follow, likely lasting into 2026. He predicts Bitcoin could fall back to the $50,000-$60,000 range, offering a potential buying opportunity for long-term investors.
