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Bitcoin will invalidate one of its best-known price models this cycle as $1 million becomes a focus for 2025, said well-known analyst Matthew Hyland.
“$288K will be the target price, it will fall short at $250K.”
With S2FX effectively “invalidated,” the campaign will not stop; however, for 2025 — the year after the start of the next halving cycle ostensibly due to see a fresh parabolic run — it will be the $1-million-per-Bitcoin narrative that replicates 2022.
“The S2X ($288k) model will be invalidated but the S2F ($100k) model will remain intact which predicts Bitcoin will reach $1 million dollars by 2025,” Hyland wrote.
In other trending Bitcoin News today: Here’s What Will Signal the Top of the Bitcoin Bull Market, According to Quant Analyst PlanB!
The analyst thinks Bitcoin is still 3-6 months out from its top, and potentially longer.
“I really don’t think a crash is coming. I think we’ll see a bull market that goes on for at least six months and brings us into the $100,000-$200,000 [range].
I wouldn’t even be surprised with $500,000 Bitcoin in early 2022.”
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3F8MVMG
✔ Smart Money Is Accumulating BTC: https://bit.ly/3HgqY03
✔ Plan B Bitcoin Prediction: https://bit.ly/31SpFV3
✔ Bitcoin $250K January Prediction: https://bit.ly/2YCTnMp
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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