Bitcoin may enter a new parabolic phase, similar to those observed in 2017 and 2021. Forecasts for 2025 suggest a significant increase in price.
Return to Parabolic Phase
Analyst Merlijn suggests Bitcoin's bounce off the parabolic curve support indicates an approaching breakout. This view is supported by analyses from figures like Rekt Capital, who has noted that Bitcoin has entered a 'parabolic upside phase'. Key players in the market, such as mining firm Blockware, also imply a significant rally.
Expected Prices and 2025 Forecasts
Analysts forecast that potential Bitcoin prices by 2025 could range between $150,000 and $400,000. Analyst MAGS estimates a possible peak between June and October 2025. These forecasts are based on historical cycles, indicating that previous upward trends suggest similar price movements.
Institutional Interest and Its Impact
The growing attention towards Bitcoin in the crypto community is linked to expectations regarding Bitcoin-linked ETFs and increased institutional purchases. Ongoing bullish signals are creating a positive outlook among investors. Speculation regarding a potential US Bitcoin reserve could drive policy-led acquisitions.
Bitcoin's return to parabolic trends appears to be supported by historical data, potentially indicating significant price changes and increased interest from institutional investors.
