Bitcoin (BTC) poised to break record highs?

Bitcoin (BTC) poised to break record highs?

In an insightful analysis, Bitcoin and blockchain technology specialist Charles Ledoux predicts a potential convergence towards a new significant Bitcoin rally in 2025. The combination of on-chain, macro, and technical indicators presents a very favorable framework for the world's leading cryptocurrency.

The return of the "golden cross," robust on-chain indicators, and monetary policy changes offer a promising outlook for Bitcoin. Historically, the golden cross—where the 50-day simple moving average (SMA) crosses above the 200-day SMA—on BTC’s daily and weekly charts has been viewed as a powerful bullish signal. This pattern is expected to reappear in 2025, potentially fueling an explosive rally similar to those seen in 2016, 2017, and 2020, which resulted in gains of +139%, +2200%, and +1190% respectively.

Analyst Merlijn The Trader, known for his expertise in Bitcoin, has identified a golden cross on Bitcoin's weekly chart, a pattern that has preceded significant rallies in the past. This bullish signal, combined with strong on-chain indicators suggesting continued accumulation by long-term holders, points towards a favorable supply and demand dynamic.

The overall macroeconomic environment also appears stable, lending confidence to the bullish price action. The appointment of Stephen Miran—implied in market commentary as a macroeconomic factor stimulating enthusiasm—seems correlated with increased positive sentiment for Bitcoin's long-term breakout potential. As a Bitcoin-friendly economist, Miran's appointment adds to the other technical and on-chain signals, providing solid macroeconomic support for Bitcoin's future direction.

Current long-term Bitcoin (BTC) price predictions based on the golden cross pattern, strong on-chain indicators, and macroeconomic factors are broadly very bullish. BTC has recently hovered near $115,000–$120,000, with resistance at about $120,000 to $123,000. A sustained breakout above these levels could trigger rapid gains toward $150,000 and beyond. Some bullish forecasts indicate a range between roughly $80,000 to $180,000 for the year 2025, with optimistic targets pushing BTC toward $200,000 by year-end.

Key figures in 2025, according to various sources and analysts, range from $80,000 to $200,000 or higher, potentially much more according to some quantitative models. Expert surveys and major investment firms project highly optimistic BTC targets, with Standard Chartered and Citigroup forecasting near $200,000 by the end of 2025. PlanB’s Stock-to-Flow model predicts an average price of $500,000 in 2025 with a range from $250,000 to $1 million. Ark Invest aims for $1 million within five years.

It's important to note that the MVRV Z-Score for Bitcoin is currently 2.667, which suggests that BTC still has room to rally without reaching an overvalued market peak. Furthermore, Bitcoin's Stock-to-Flow (S2F) ratio has reached a new high of 154, indicating increasing scarcity and strong demand cycles.

In conclusion, based on the golden cross pattern combined with on-chain accumulation and favorable macroeconomic developments, Bitcoin is widely predicted by experts to experience a major bull run in 2025–2026, with prices projected to reach $150,000 to $200,000 or higher, potentially much more according to some quantitative models. If these conditions persist, Bitcoin's price could experience significant growth in the coming months, on its way to new historical highs.

Charles Ledoux aims to share his passion for crypto through his articles on the platform, encouraging readers to stay informed and make educated decisions in the ever-evolving world of Bitcoin and blockchain technology.

At the Crypto Academy, finance and technology students will find invaluable insights into investing in Bitcoin, as experts like Charles Ledoux predict a substantial rally in 2025. The impending return of the "golden cross," robust on-chain indicators, and positive macroeconomic factors create a compelling case for this digital currency.

Read also: