Amid recent price fluctuations, Bitcoin once again captures the attention of experts and analysts. It is time to evaluate its future based on current market indicators and theories.
Halving Cycles and Market Expectations
Bitcoin has reached a critical point in its halving cycle, currently trading near $80,460. Despite a weekly drop of 4.47%, analysts remain optimistic about potential bullish trends, expecting significant price increases about 7 months post-halving.
Stock-to-Flow Model and Its Forecasts
The creator of the Stock-to-Flow model, known as PlanB, claims that Bitcoin is on track for a surge that could exceed $500K by late 2025. This model is based on assessing the scarcity of the asset and time metrics. The creator's charts provide a clear visual representation of halving phases and the intervals between them.
Study of Cryptocurrency Market Structure
According to research, the maturing market structure may lead to a reduction in extreme drawdowns for major crypto assets. This suggests that Bitcoin and other top cryptocurrencies may enjoy more stable market conditions in the future.
Under the current conditions, Bitcoin shows signs of potential growth, particularly considering the Stock-to-Flow model and halving cycles. The cryptocurrency market is becoming increasingly stable, and we may be approaching significant beginnings of new bullish cycles.