Bitcoin Bulls Predict New All-Time High as Analyst Reveals Log Regression Curves
Crypto analyst, CryptoCon, has shared intriguing predictions for Bitcoin’s future, sparking bullish sentiment in the market. According to the analyst, Bitcoin is on track to reclaim the $40,000 spot and potentially reach a new all-time high.
The Most Accurate Log Regression Curves
In a recent post on X, CryptoCon shared what he referred to as ‘the most accurate log regression curves’ for Bitcoin. These curves shed light on the historical performance of Bitcoin and provide predictions for the next cycle top, expected in late 2025.
The predicted price target of about $94,000 is considered conservative, with the analyst suggesting that even higher targets of $130,000 or $180,000 are possible if the conservative target is not attained.
Historical Accuracy and Halving Cycles Theory
CryptoCon emphasized the historical accuracy of the model, stating that it successfully predicted both tops in 2021. The analyst also agreed with an estimate of $130,000, providing a specific time frame of plus/minus 21 days from November 28, 2025, aligning with the Halving Cycles Theory.
Bitcoin’s Trajectory and Potential ETF Approval
Bitcoin’s current trajectory is heavily influenced by ongoing speculation surrounding the approval of a spot Bitcoin Exchange-Traded Fund (ETF) in the United States. Major players like BlackRock have shown interest in this potential product, leading to widespread speculation about its potential to attract institutional investors.
Price Analysis and Technical Sentiments
At the time of this report, Bitcoin was trading at $37,922, reflecting a daily gain of over 1.5%. The weekly chart shows an increase of around 4%. Technical analysis indicates bullish sentiments, with moving averages suggesting a ‘strong buy’ sentiment and oscillators indicating a ‘neutral’ stance.
Potential External Factors
Despite the excitement surrounding the potential ETF and halving event, Bitcoin remains susceptible to various external factors, such as inflation and geopolitical elements. These additional influences may impact the cryptocurrency market unexpectedly, highlighting the need for a comprehensive understanding of the broader economic landscape.
In conclusion, the bullish sentiments surrounding Bitcoin’s potential for a new all-time high are supported by CryptoCon’s predictions and the current market trends. While the approval of a Bitcoin ETF and the upcoming halving event contribute to this positive outlook, it’s essential to consider potential external factors that could influence Bitcoin’s price in the future.
I have been a full-time professional writer for over 10 years, and have written for some of the biggest publications in the world. My work revolves around cryptocurrencies and blockchain technology, and I am widely considered to be one of the leading experts in these fields.I have written two books on the subject matter, and my articles have been featured in major news outlets such as The Wall Street Journal, Forbes, and Huffington Post. In addition to writing, I also give talks and seminars on cryptocurrency investing, and am a regular commentator on CNBC, Bloomberg, and other financial news networks.
