• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Analyst’s $910K Bitcoin Forecast Follows Familiar Script

May 31, 2025
in Bitcoin
Reading Time: 4min read
0 0
A A
0
Analyst’s $910K Bitcoin Forecast Follows Familiar Script
0
SHARES
14
VIEWS
ShareShareShareShareShare

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

Bitcoin’s price slipped to $105,235 today, dropping 1.5% over the past 24 hours and falling 4.2% in the last week. Some market watchers see this dip as a pause before a major move. According to their charts, Bitcoin could be gearing up for another steep gain.

Related Reading

Historical Patterns Point To Rebound

Based on reports from the analyst known as “Mister Crypto,” rounded-bottom formations and ascending triangles have marked every big Bitcoin rally. In 2013, when Bitcoin was trading under $10, it spent months in a smooth, curved base before breaking out and climbing past $1,000.

A similar pattern showed up in 2017. After nearly three years of sideways action, the price finally exploded toward $20,000. The last cycle in 2021 also followed the same playbook, with almost four years of building a wide base before shooting up to nearly $70,000.

Bitcoin will go parabolic.

This time won’t be different! pic.twitter.com/0fEMMMclbD

— Mister Crypto (@misterrcrypto) May 29, 2025

Mister Crypto’s chart suggests that the period after 2021 has formed another base. If history plays out the same way, his forecast points to a breakout in 2025 that could send Bitcoin as high as $900,000—a 760% rise from today’s level.

Analyst Charts Re-Accumulation

According to charts shared by another analyst, Bitcoin often moves in stages. First, there’s an initial “leg up” that signals the shift from deep accumulation into a growing bull trend. Then, the price settles into a sideways “re-accumulation” phase before the final run.

BTC is now trading at $103,783. Chart: TradingView

From 2019 through 2021, Bitcoin followed this path closely. Analysts note that from late 2023 into mid-2025, Bitcoin looks to be in that same re-accumulation phase. If this unfolds as in past cycles, the next big upswing could push Bitcoin into the $270,000–$350,000 range before any parabolic spike comes into view.

Long-Term Holders Keep Adding Coins

On-chain data shows long-term holders (addresses that haven’t moved their coins in over 155 days) are still piling on. Between March 3 and May 25, 2025, these holders increased their overall supply by nearly 1.40 million BTC.

That pushed long-term holdings from 14,354,000 BTC to 15,739,400 BTC. In previous bull markets—like those in 2013, 2017, and 2021—long-term holders often sold during the rallies to lock in profit.

Related Reading

Today, though, they seem content to hold. If large pockets of Bitcoin remain off exchanges, fewer coins are available for new buyers. That could tighten supply and make sharp moves more likely once demand picks up.

Bitcoin price down in the last week. Source: Coingecko

Looking Ahead In Uncertain Market

Bitcoin has lost momentum recently, but many analysts feel these dips won’t last. At $105K region, the price sits below last week’s levels.

Based on reports, some see that as healthy consolidation before a bigger run. Others warn that global interest rates, regulation, and macro factors could slow things down.

Featured image from Pexels, chart from TradingView


Credit: Source link

ShareTweetSendPinShare
Previous Post

NVIDIA NIM Boosts Text-to-SQL Inference on Vanna for Enhanced Analytics

Next Post

GitHub Universe 2025 Highlights AI-Powered Development and Community Building

Next Post
Creating Your First GitHub Repository: A Beginner’s Guide

GitHub Universe 2025 Highlights AI-Powered Development and Community Building

You might also like

Uniswap (UNI) Price Rallies 6.53% – Is Now the Time to Buy? Comprehensive Analysis & Trading Insights

WIF Price Prediction: Targets $0.22-$0.25 Recovery by Late March 2026

March 1, 2026
From Contraband to Cash Flow? Paraguay To Mine Bitcoin With 30,000 Seized Rigs

From Contraband to Cash Flow? Paraguay To Mine Bitcoin With 30,000 Seized Rigs

March 5, 2026
Creating Your First GitHub Repository: A Beginner’s Guide

GitHub Copilot Code Review Hits 60M Reviews as AI Handles 20% of Pull Requests

March 5, 2026
Is Dogecoin About To Benefit?

Is Dogecoin About To Benefit?

March 4, 2026
Trump Pushes Banks to Strike Crypto Deal, but Analysts Say It Won’t Break CLARITY Act Deadlock

Trump Pushes Banks to Strike Crypto Deal, but Analysts Say It Won’t Break CLARITY Act Deadlock

March 5, 2026
Ethereum Foundation Positions Blockchain as Trust Layer for the Age of AI

Ethereum Foundation Positions Blockchain as Trust Layer for the Age of AI

March 6, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Pundit Says XRP Price Could Reach $1,000 By The End Of 2026 If This Happens

Pundit Says XRP Price Could Reach $1,000 By The End Of 2026 If This Happens

March 8, 2026
Bitcoin Price Holds Above $115,000 — Here’s Why This Level Is Significant

Here’s Why Bitcoin Price Must Not Fall To $54K: Analyst

March 7, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.