Cryptocurrency analyst Mark Moss made new predictions regarding Bitcoin's future, referencing the PI Cycle Top indicator, which has previously predicted Bitcoin peaks.
Forecast Based on PI Cycle Top Indicator
Moss noted that the PI Cycle Top indicator, which 'perfectly' predicted peaks in 2013, 2017, and 2021, is making an unusual prediction this time. While the majority of the market expects Bitcoin to peak in the last quarter of 2025, he suggests this will occur in the first quarter of 2027. The expected price level reaches $395,000.
Comparison with Previous Cycles
Referring to the past success of the indicator, Moss emphasized the importance of the new forecast. 'Is the indicator still working accurately, or has it become obsolete? Only time will tell,' he stated.
Current Market Conditions and Bitcoin Accumulation
Moss also highlighted the increasing demand for Bitcoin in the market, evidenced by growing borrowing and BTC purchases through publicly traded companies. In this context, he posed the question: 'While the world is racing to acquire as much BTC as possible, why are XRP founders selling their holdings?'
Mark Moss's forecasts emphasize the importance of analyzing indicators to understand future trends in the Bitcoin market. However, final conclusions will be drawn over time.
