Summary
- An anonymous Bitcoin analyst stated that Bitcoin (BTC), having reached a new all-time high, could climb up to $300,000 in this rally.
- Citing a self-calculated Fear & Greed Index, the analyst noted that explosive growth has occurred during the 'extreme greed' phase that appears every four years.
- He predicted that if the four-year cycle pattern continues, Bitcoin could reach $200,000 to $300,000 by Christmas.
As Bitcoin (BTC) reached an all-time high, there is analysis suggesting that the current rally could continue and push the price up to $300,000.
According to Cointelegraph, a crypto-focused media outlet, anonymous Bitcoin analyst apsk32 stated on the 12th (Korean time), "The July rally could be the beginning of a parabolic rise," and "If history repeats itself, the value of Bitcoin could soar up to $258,000."
The analyst explained, citing his own calculated Fear & Greed Index. He said, "(According to my indicator) the current Bitcoin Fear & Greed Index is at 82. The 'extreme greed' phase on this index appears once every four years," adding, "Every time, explosive growth has been observed."
He added, "If the four-year pattern continues, Bitcoin could rise to between $200,000 and $300,000 by Christmas," and predicted, "afterwards, the bullish momentum is likely to weaken at the beginning of 2026."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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