{"id":672977,"date":"2025-01-10T00:00:55","date_gmt":"2025-01-10T00:00:55","guid":{"rendered":"https:\/\/uniquehot.com\/?p=672977"},"modified":"2025-01-09T11:19:23","modified_gmt":"2025-01-09T11:19:23","slug":"bitcoin-price-crash-200000","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin\/bitcoin-price-crash-200000\/","title":{"rendered":"Bitcoin Price Crash Not The End Of The Road As Analyst Shares Roadmap To $200,000"},"content":{"rendered":"

Despite the recent Bitcoin price crash, crypto analyst <\/span>TradingShot<\/span><\/a> has suggested that this is not the end of the road for the flagship crypto. This came as he revealed why BTC could still rally to as high as $200,000 in this market cycle.\u00a0<\/span><\/p>\n

Bitcoin Price Set To Rally To $200,000 Despite Recent Crash<\/h2>\n

In a <\/span>TradingView post<\/span><\/a>, TradingShot predicted that the Bitcoin price could rally to $200,000 despite the recent market crash. The analyst noted that Bitcoin has started this new year with high volatility amid geopolitical and <\/span>economic news<\/span><\/a> input. He added that this year is the last year of this bull cycle.\u00a0<\/span><\/p>\n

Related Reading: XRP Price Eyes Bullish Flag Breakout That Could Put 50% Gains On The Board<\/a><\/div>\n

However, the recent Bitcoin price crash doesn\u2019t mean that the flagship crypto is close to its market peak, as TradingShot remarked that the <\/span>cycle top<\/span><\/a> could start forming around November. He made this prediction based on historical trends, as the three previous tops have been either in November or December.\u00a0<\/span><\/p>\n

\"Bitcoin
Source: TradingView<\/figcaption><\/figure>\n

The crypto analyst also noted that the <\/span>last cycle<\/span><\/a> top formed above the Pi Cycle Top and on the LGC Zone from the top. In line with this, TradingShot predicted that the Bitcoin price could be close to $200,000 even if BTC barely tests the bottom for the LGC 2nd Zone from the Top by November 2025.\u00a0<\/span><\/p>\n

TradingShot added that, technically, the projected Peak Zone for the Bitcoin price should be between $180,000 and $200,000. He remarked that this range may still be below the Pi Cycle, so it looks to be a fair scenario. <\/span>Standard Chartered<\/span><\/a> also shared a similar prediction last year, stating that a rally to $200,000 by year-end 2025 is \u201cachievable.\u201d Meanwhile, Bernstein analysts described a $200,000 prediction by year-end as a \u201cconservative\u201d estimate.\u00a0<\/span><\/p>\n

A Price Rebound Could Be On The Cards<\/h2>\n

The Bitcoin price has suffered a terrible start to the year, dropping to as low as $93,000. However, crypto analyst <\/span>Ali Martinez<\/span><\/a> has shared some positives that suggest a price rebound may be imminent. In an X post, the crypto analyst revealed that more than 22,000 BTC, worth $2.10 billion, were withdrawn from exchanges over the past week.\u00a0<\/span><\/p>\n

Related Reading: Dogecoin Liquidations Cross $24 Million As Bulls Suffer Double-Digit Beat Down<\/a><\/div>\n
\"Bitcoin
Source: CryptoQuant<\/figcaption><\/figure>\n

This presents a bullish outlook for the Bitcoin price since heavy Whale accumulation typically precedes a price recovery. Meanwhile, Martinez mentioned that 63.92% of <\/span>Binance traders<\/span><\/a> are now going long since BTC dropped to as low as $93,000. These traders were previously shorting BTC when the flagship crypto was trading above $100,000. With these traders now going long, a rebound may be imminent.\u00a0<\/span><\/p>\n

At the time of writing, the Bitcoin price is trading at around $93,000, down over 2% in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"Bitcoin
BTC price fails to recover | Source: BTCUSD on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Despite the recent Bitcoin price crash, crypto analyst TradingShot has suggested that this is not the end of the road for the flagship crypto. This came as he revealed why BTC could still rally to as high as $200,000 in this market cycle.\u00a0 Bitcoin Price Set To Rally To $200,000 Despite Recent Crash In a TradingView post, TradingShot predicted that the Bitcoin price could rally to $200,000 despite the recent market crash. The analyst noted that Bitcoin has started this new year with high volatility amid geopolitical and economic news input. He added that this year is the last year of this bull cycle.\u00a0 Related Reading: XRP Price Eyes Bullish Flag Breakout That Could Put 50% Gains On The Board However, the recent Bitcoin price crash doesn\u2019t mean that the flagship crypto is close to its market peak, as TradingShot remarked that the cycle top could start forming around November. He made this prediction based on historical trends, as the three previous tops have been either in November or December.\u00a0 The crypto analyst also noted that the last cycle top formed above the Pi Cycle Top and on the LGC Zone from the top. In line with this, TradingShot predicted that the Bitcoin price could be close to $200,000 even if BTC barely tests the bottom for the LGC 2nd Zone from the Top by November 2025.\u00a0 TradingShot added that, technically, the projected Peak Zone for the Bitcoin price should be between $180,000 and $200,000. He remarked that this range may still be below the Pi Cycle, so it looks to be a fair scenario. Standard Chartered also shared a similar prediction last year, stating that a rally to $200,000 by year-end 2025 is \u201cachievable.\u201d Meanwhile, Bernstein analysts described a $200,000 prediction by year-end as a \u201cconservative\u201d estimate.\u00a0 A Price Rebound Could Be On The Cards The Bitcoin price has suffered a terrible start to the year, dropping to as low as $93,000. However, crypto analyst Ali Martinez has shared some positives that suggest a price rebound may be imminent. In an X post, the crypto analyst revealed that more than 22,000 BTC, worth $2.10 billion, were withdrawn from exchanges over the past week.\u00a0 Related Reading: Dogecoin Liquidations Cross $24 Million As Bulls Suffer Double-Digit Beat Down This presents a bullish outlook for the Bitcoin price since heavy Whale accumulation typically precedes a price recovery. Meanwhile, Martinez mentioned that 63.92% of Binance traders are now going long since BTC dropped to as low as $93,000. These traders were previously shorting BTC when the flagship crypto was trading above $100,000. With these traders now going long, a rebound may be imminent.\u00a0 At the time of writing, the Bitcoin price is trading at around $93,000, down over 2% in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":659447,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651],"tags":[167,428,656,679,1119,89185,1122,1144,78790,6664,26263,14690],"class_list":["post-672977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-analyst","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-crypto","tag-crypto-analyst","tag-crypto-news"],"acf":[],"yoast_head":"\nBitcoin Price Crash Not The 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. 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