Digital currency analyst predicts Bitcoin's price to hit $125,000 in 2025 and advises investors to sell at the peak.
Xanrox, a digital currency analyst utilizing Elliott Wave Theory and Fibonacci levels, has predicted that the price of Bitcoin will reach between $115,000 to $125,000 by 2025. The analyst has advised investors to sell their assets at this peak point. He has also warned that after reaching this peak, a long-term bear market will begin. According to this analysis, Bitcoin is likely to drop to the range of $50,000 to $60,000 after reaching the peak. The analyst believes that predictions exceeding $200,000 for Bitcoin in 2025 are unrealistic. He has also mentioned that before reaching the $125,000 peak, Bitcoin may drop to around $85,000.
