Analysts continue to discuss possible Bitcoin price developments, with one leading expert raising questions about traditional forecasts.
Why Predictions May Be Wrong
Analyst PlanC expressed the opinion that expectations of Bitcoin reaching a price peak in Q4 2025 are based on flawed statistical assumptions. He compared such forecasts to a coin flip, stating: "Anyone who thinks Bitcoin has to peak in Q4 this year does not understand statistics or probability."
Psychology and Real Changes in the Market
PlanC dismissed the reliance on past Bitcoin halving cycles, noting that the market landscape has changed. With the emergence of Bitcoin treasury companies and significant inflows into U.S. Bitcoin ETFs, he argues that halving-driven cycles are less relevant today. "There is zero fundamental reason for the peak to occur in Q4 2025, other than psychological factors," he added.
Diverse Perspectives of Analysts
The debate over Bitcoin's future continues to divide analysts. For instance, on August 17, 2023, Steven McClurg, CEO of Canary Capital, indicated that there is a greater than 50% chance Bitcoin could reach the $140,000 to $150,000 range this year. Others believe the upward trend may extend beyond 2026. Meanwhile, bold forecasts of Bitcoin hitting $250,000 remain from some experts.
While historical data shape market expectations, experts stress that predictions regarding the next peak may not be as clear-cut as before.
