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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/market-analysts-predict-bitcoins-price-movements-based-on-historical-data/" data-wpel-link="internal">Market Analysts Predict Bitcoin’s Price Movements Based on Historical Data</a> 
Bitcoin (BTC) and <a href="https://en.coin-turk.com/scroll-addresses-community-concerns-over-binance-partnership-3/" data-wpel-link="internal">cryptocurrencies</a> have opened doors to massive profits since their inception through four-year cycles. Currently, <a href="https://en.coin-turk.com/investors-pull-out-millions-from-u-s-spot-bitcoin-and-ethereum-etfs/" data-wpel-link="internal">crypto</a> traders are trapped in tedious price movements. This article examines predictions based on various analysts’ charts from the last decade to determine where we stand in this cycle. 
<h2 style="text-align: justify" id="analysis-by-year">Analysis by Year</h2> 
BTC was valued at $67,000 at the time of writing. Altcoins are experiencing a downturn as Bitcoin retraced from its recent peak. An analyst known as Mags shared a strategy for investors to navigate the ongoing dull price movements, based on the last ten years of data. 
<ul style="text-align: justify"> 
 <li>Buy Bitcoin 500 days before the halving.</li> 
 <li>Wait and don’t panic.</li> 
 <li>Sell 500 days after the halving.</li> 
 <li>Repeat.</li> 
</ul> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-398032 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/btc-2015-2025-yorum.jpg" alt="" width="1363" height="780"> 
According to the analyst’s chart, we are currently in a period where selling opportunities are anticipated. Those who managed to buy at the end of 2022 might find themselves selling at around $220,000 in 2025 based on historical data. Another noted analyst, Yoddha, remarked: 
<blockquote> 
 “Imagine BTC sitting at the same price after dropping in half for months. The next few months will be exciting.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-398031 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/btc-2015-2025-yorum2-scaled.jpg" alt="" width="2560" height="1678"> 
His chart focuses on a five-phase process. This recurring movement is set to begin its fifth phase now. If everything progresses as anticipated, we should see prices reaching six-figure targets. 
<h2 style="text-align: justify" id="price-predictions-for-bitcoin">Price Predictions for Bitcoin</h2> 
Titan Of Crypto examines the short-term outlook. The chart shared indicates that BTC could gain momentum with daily closes above $66,000. If proven correct, Bitcoin might surpass its all-time high, aiming for $80,000, which aligns with the parabolic upward movement identified in the ten-year charts discussed earlier. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-398030 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/btc-katana-yukselis-scaled.jpg" alt="" width="2560" height="1635"> 
<blockquote> 
 “A strong trend movement has started with a newly formed katana on the daily timeframe. This occurs when Tenkan and Kijun overlap.” 
 “This is usually followed by a sharp break of Kijun. If Kijun follows after separating from Tenkan, it provides a strong continuation signal.” 
</blockquote> 
The post <a href="https://en.coin-turk.com/market-analysts-predict-bitcoins-price-movements-based-on-historical-data/" data-wpel-link="internal">Market Analysts Predict Bitcoin’s Price Movements Based on Historical Data</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Market Analysts Predict Bitcoin’s Price Movements Based on Historical Data

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