According to an analysis posted on social media platform X by analyst Apsk32, Bitcoin is poised to reach $225,000 in the coming months and could hit $255,000 by October 2025. Apsk32 bases this prediction on an assessment of Bitcoin’s historical price movements and aligns it with a power law support model.

The analyst’s model considers 4-year cycles: Each cycle ends with a significant price peak followed by a correction. According to Apsk32, these cycles brought about the peaks in 2013 and 2017, followed by the dual peaks in 2021.

According to the widely covered analysis in the global media, if Bitcoin follows previous cycle patterns, it could reach five years ahead of the power law support by October 2025. This implies that by then, Bitcoin could reach a price of $255,000: ‘Bitcoin will be five years ahead of the power law support on October 1, 2025, when it will be valued at $255,000.’

Citi: Gold to reach $2,800-3,000 by mid-2025
American investment bank Citi predicts gold prices to reach $2,800-3,000 per ounce by mid-2025. In a research note published by Citi, it was mentioned that gold consumption is on a positive trend for 2024 and could help prices rise to the range of $2,400-2,600 in the second half of the year. Gold traded at $2,367.58 yesterday morning, up 0.36%.

Note: This is not investment advice