{"id":10447,"date":"2025-01-30T09:46:48","date_gmt":"2025-01-30T09:46:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10447"},"modified":"2025-01-30T09:46:48","modified_gmt":"2025-01-30T09:46:48","slug":"how-high-could-bitcoin-go-in-this-bull-cycle-analyst-weighs-in","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10447","title":{"rendered":"How High Could Bitcoin Go in This Bull Cycle? Analyst Weighs In"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Analyst Ali Martinez suggests Bitcoin (BTC) has more room for growth during this bull run before a potential cycle shift.<\/span><\/li>\n<li>Essential factors like reduced MVRV and negative exchange netflows support the thesis of further gains in the near future.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC_CB-26.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-381128\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC_CB-26.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC_CB-26.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC_CB-26-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC_CB-26-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC_CB-26-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC_CB-26-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/p>\n<h2>The Possible Cycle Top<\/h2>\n<p><span data-preserver-spaces=\"true\">The primary cryptocurrency has been on an <\/span><span data-preserver-spaces=\"true\">evident<\/span><span data-preserver-spaces=\"true\"> uptrend in the past several months, charting substantial gains after<a href=\"https:\/\/cryptopotato.com\/us-presidential-elections-2024-results-donald-trump-declares-victory\/\" data-wpel-link=\"internal\"> Donald Trump\u2019s win<\/a> in the US presidential elections. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Recall that Bitcoin (BTC) was trading at less than $70K <\/span><span data-preserver-spaces=\"true\">prior to<\/span><span data-preserver-spaces=\"true\"> the voting, whereas a month later, it surpassed the psychological level of $100K for the first time <\/span><span data-preserver-spaces=\"true\">in its existence<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> Despite the volatility, the solid performance continued, and on January 20 (hours before Trump\u2019s inauguration), the asset <a href=\"https:\/\/cryptopotato.com\/bitcoin-btc-sees-new-ath-chainlink-link-explodes-15-daily-market-watch\/\" data-wpel-link=\"internal\">tapped<\/a> a new all-time high of almost $110,000. The <\/span><span data-preserver-spaces=\"true\">next<\/span><span data-preserver-spaces=\"true\"> 10 days offered more turbulence before BTC stabilized at its current $105,000 (per CoinGecko\u2019s data).<\/span><\/p>\n<figure id=\"attachment_381127\" aria-describedby=\"caption-attachment-381127\" style=\"width: 567px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-10.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-381127\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-10.png\" alt=\"BTC Price\" width=\"567\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-10.png 1027w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-10-300x212.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-10-1024x723.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-10-768x542.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-10-50x35.png 50w\" sizes=\"auto, (max-width: 567px) 100vw, 567px\"><\/a><figcaption id=\"caption-attachment-381127\" class=\"wp-caption-text\">BTC Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">According to numerous industry participants, the valuation has yet to reach unseen peaks during this bull cycle. The popular X user Ali Martinez recently <\/span><span data-preserver-spaces=\"true\">suggested<\/span><span data-preserver-spaces=\"true\"> that BTC could soar to as high as $184,000 before entering a bearish mode. He based his prediction on the assumption that cycle shifts typically occur once the price surpasses 2.4x the 200-day Simple Moving Average (<\/span><span data-preserver-spaces=\"true\">which <\/span><span data-preserver-spaces=\"true\">is<\/span><span data-preserver-spaces=\"true\"> set<\/span><span data-preserver-spaces=\"true\"> at the depicted mark).\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Cycle shifts for <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#Bitcoin<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$BTC<\/a> typically happen when it surpasses 2.4x the 200-day SMA. That key level currently stands at $184,600! <a href=\"https:\/\/t.co\/kbLpJ5AQd4\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/kbLpJ5AQd4<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1884851035392630997?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">January 30, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Many factors signal that BTC might indeed flourish in the following months. One of those includes the asset\u2019s historical performance in February. As <\/span><em><span data-preserver-spaces=\"true\">CryptoPotato<\/span><\/em> <a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/3-reasons-bitcoin-could-break-records-again-this-february\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">reported<\/span><\/a><span data-preserver-spaces=\"true\">, 8 of the last 12 Februaries saw BTC jumping by double digits. It is important to note that next month is a post-halving February, and all previous ones have resulted in impressive spikes.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Bitcoin\u2019s Market Value to Realized Value (MVRV) and exchange netflow are <\/span><span data-preserver-spaces=\"true\">also<\/span><span data-preserver-spaces=\"true\"> worth mentioning. The former metric has been\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptoquant.com\/asset\/btc\/chart\/market-indicator\/mvrv-ratio?window=DAY&amp;sma=0&amp;ema=0&amp;priceScale=log&amp;metricScale=log&amp;chartStyle=line\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">hovering<\/span><\/a><span data-preserver-spaces=\"true\"> below the healthy level of 2.5 over the last several days, suggesting that the asset might have shifted toward undervalued territory.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">BTC\u2019s exchange netflow has been predominantly negative in the past week, with outflows <a href=\"https:\/\/cryptoquant.com\/asset\/btc\/chart\/exchange-flows\/exchange-netflow-total?exchange=all_exchange&amp;window=DAY&amp;sma=0&amp;ema=0&amp;priceScale=log&amp;metricScale=linear&amp;chartStyle=column\" data-wpel-link=\"external\" target=\"_blank\">surpassing<\/a> inflows. <\/span><span data-preserver-spaces=\"true\">This<\/span> <span data-preserver-spaces=\"true\">could <\/span><span data-preserver-spaces=\"true\">be interpreted<\/span><span data-preserver-spaces=\"true\"> as<\/span><span data-preserver-spaces=\"true\"> a transition from centralized platforms toward self-custody methods, which reduces the immediate selling pressure.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Additional Bullish Predictions<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Martinez is not the only one envisioning further pumps for BTC <\/span><span data-preserver-spaces=\"true\">in the near future<\/span><span data-preserver-spaces=\"true\">. X user Captain Faibik <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/CryptoFaibik\/status\/1884828090158711031\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">observed<\/span><\/a><span data-preserver-spaces=\"true\"> the formation of a \u201cbroadening wedge pattern\u201d to set a $120,000 target potentially reached in February.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Michael van de Poppe and Jelle were also bullish. The former <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/CryptoMichNL\/status\/1884870626982146477\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">thinks<\/span><\/a><span data-preserver-spaces=\"true\"> a new ATH may occur in the coming weeks, while the latter <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/CryptoJelleNL\/status\/1884879852055978031\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">believes<\/span><\/a><span data-preserver-spaces=\"true\"> $110K is \u201cthe final hurdle\u201d before \u201ca new leg of price discovery awaits.\u201d<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/how-high-could-bitcoin-go-in-this-bull-cycle-analyst-weighs-in\/\" rel=\"nofollow\">How High Could Bitcoin Go in This Bull Cycle? Analyst Weighs In<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Analyst Ali Martinez suggests Bitcoin (BTC) has more room for growth during this bull run before a potential cycle shift. Essential factors like reduced MVRV and negative exchange netflows support the thesis of further gains in the near future. The Possible Cycle Top The primary cryptocurrency has been on an evident uptrend in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-10447","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10447"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10447\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}