Top Trader Asserts Bitcoin Approaching Ultimate Climax
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Noted under the alias HornHairs, a trader speculates that Bitcoin is edging towards its pivotal “grand finale.”
This analyst has observed a shift with the seasonal market lull likely coming to an end.
Currently, it’s been 650 days since the lows of the bear market, and a few months have passed since Bitcoin’s last quadrennial halving event, which was in April.
The analyst pointed out this is the initial cycle where Bitcoin achieved new record highs before the occurrence of the halving event.
Bitcoin is currently traded at $56,645, retracting slightly from its earlier ascent, as per CoinGecko data.
Renowned trader Peter Brandt has put forth a prediction that the flagship cryptocurrency could skyrocket to $150,000 by late 2025.
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