- Analysts suggest Bitcoin could reach $250K by 2025, mirroring its 2017 post-election cycle gains.
- Historical patterns show Bitcoin’s price surged 2,700% in 400 days after Trump’s 2016 win.
- A conservative 240% increase could bring Bitcoin to new all-time highs in Q4 2025.
Bitcoin has been on a.get’s note that the price of Bitcoin is usually affected by notable world and political events. Another paper used analysts’ modeling to propose that past price behavior might indicate phenomena that will occur in future years – for instance, the hypothetical maximum of Bitcoin in 2025. The model aligns the current market cycle to the Bitcoin bull run of 2017 based on time and tendency of growth, particularly when considering political events such as US presidential elections.
Historical Patterns: Trump’s Election and the Bitcoin Surge
Donald Trump presidency as US President in 2016 and Bitcoin marked an initial drastic move upward. Spending about 400 days in each cycle low, Bitcoin rose by an unbelievable 270% to its all-time high in the last quarter of 2017. This pattern means that arguably any major occurrence in the world ranging from politics can interfere with the price of Bitcoin.
Symmetrical to this chart analysis is the current chart configuration as well. Bitcoin declined to new lows in 2022 before starting its slow rise and given that other elections boosted the cryptocurrency’s price.Some analysts have proposed that we may see a similar situation with the 2024 US election. Although there is current speculation as to such growth, comparison to previous cycles provides for a foundation to consider such possibilities.
Potential Growth Projections: 240% Rise in the Next Cycle?
Therefore, based on the previous cycles and the trend that Bitcoin has so far shown, Bitcoin might experience its significant uplift over next 400 trading days and reach for new AT/local highs by December 2025. Although a 2700% rise like in 2017 could be considered too hopeful, the mere 240% increase would bring Bitcoin price to around $250 000 per BTC.
This forecast entails using information from both fundamental and technical analysis with regard to the fact that analysts have observed that varying cycles of Bitcoin manifest phases of accumulation, expansion, and apex. If these stages unfold in the current cycle, the cryptocurrency might reach the next level in the last quarter of 2025.The two main price oscillations found in Bitcoin’s price are that they are primarily driven by investor behavior, sentiments, and some macroeconomic factors.
The post 400 Days to a New Bitcoin High? Analyzing the Post-Election Cycle Pattern appeared first on Crypto News Land.
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