CryptoCon, a prominent figure in the field of crypto analysis, has unveiled an intricate chart that foresees the upcoming peak of the Bitcoin cycle reaching around $130,000. As per the analyst, the projected date for this peak is November 28, 2025, with a potential variance of 21 days. This projection is rooted in the Halving Cycles Theory, which correlates Bitcoin’s price movements with the timing of its halving events.
Bitcoin Halving Cycle Theory
The chart delineates Bitcoin’s historical and anticipated price path through four distinct color-coded cycles, each signifying a different phase in the market as conceptualized by CryptoCon. The “Green Year” denotes periods of accumulation, featuring optimal buying opportunities within the cycle and a return to the median price, which is half of the previous all-time high (ATH).
The “Blue Year” represents a preparatory phase in which the price hovers around the median before ascending towards new ATHs toward the end of the year. The “Red Year” heralds the arrival of new ATHs, while the “Orange Year” suggests a bear market scenario where the price is undervalued and reaches its lowest point by the end of the year.
CryptoCon’s theory draws its foundation from historical patterns observed around Bitcoin’s previous halving events, namely the first one on November 28, 2012, and the second on July 9, 2016. The analyst asserts, “Every prediction generated by this model has consistently held true since its inception in January of this year.”
Despite some criticisms regarding the exact timing of past cycle peaks, CryptoCon remains confident in the model, asserting, “The main critique I’ve encountered is that the technical peak occurred in April 2021, not November. However, the data speaks for itself; the price was higher.”
Early Peak, Peak, and Bottom in the Upcoming BTC Cycle
CryptoCon’s methodology incorporates various price experiments and a Trend Pattern Price model, resulting in a consensus target of $130,000. The shared chart also specifies that Bitcoin is on the verge of entering a “Blue Year.”
According to CryptoCon, the next early peak for Bitcoin is expected to fall within a 21-day window around July 9th, 2024, with an estimated price range of $42,000 to $48,000.
The chart analysis goes on to predict the upcoming cycle’s peak, expected to occur within a similar 21-day timeframe around November 28, 2025. The projected price range for this peak is notably optimistic, setting the target between $90,000 to $130,000.
CryptoCon’s tweet underscores this forecast, stating:
“My timeframe and expected price for the next Bitcoin cycle peak remains unchanged. Anticipating 90 – 130k, give or take 21 days, around November 28th, 2025.”
Remarkably, CryptoCon is also offering insights into the forthcoming cycle’s bottom. His forecast suggests a price floor of approximately $27,000, again within a 21-day range from November 28th, 2026. This aligns with the model’s ‘Orange Year,’ typically characterized as a bear market phase where the price is projected to reach its lowest point by the end of the year.