• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

2025-06-02

Lightning Network Is About to Explode!

2025-06-02

You must sell all CRYPTO and buy this…

2025-06-02

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    2025-06-02

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    2025-05-30

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    2025-05-26

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    2025-05-23

    What Is a DEX? How DEXs Work and Why They Matter

    2025-05-21
  • Videos

    Lightning Network Is About to Explode!

    2025-06-02

    You must sell all CRYPTO and buy this…

    2025-06-02

    Bitcoin to $200k?! Latest 2025 BTC Price Predictions

    2025-06-01

    My Last Day at Bitcoin 2025 Conference

    2025-05-31

    Bitcoin Summer Doldrums Ahead? 🌞📉 Or Fireworks Coming?🔥

    2025-05-31
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Bitcoin»Crypto Analyst Says Prepare For 100% Increase In Bitcoin Price As Historical Pattern Forms
Bitcoin

Crypto Analyst Says Prepare For 100% Increase In Bitcoin Price As Historical Pattern Forms

2023-09-25No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Last week was a quiet one for Bitcoin, as the US dollar continues to gain ground in the foreign exchange market. Price action, in particular, has had Bitcoin breaking below the $26,500 support, indicating a potential risk of more losses below the $26,000 support in the near term. 

Some analysts, however, are still betting on a new Bitcoin bull run in the near future. According to crypto analyst “Titan of Crypto”, the Bitcoin price is poised for a huge surge over the next year that could see it double in value or more.  

Crypto Analyst Predicts 100% Bitcoin Price Increase

The crypto analyst, who goes by the X handle @Titan of Crypto, believes Bitcoin is poised for massive gains leading up to the next halving event in 2024 based on historical price patterns. 

According to the analyst, Bitcoin’s price action has been consistent with the 78.60% Fibonacci retracement level in the months leading up to the three previous halving events in 2012, 2016, and 2020.

#Bitcoin $48,700 before Halving. 🚀🚀🚀

You might want to bookmark this one.

Never in history the halving occurred without #BTC reaching the 78.6% Fibonacci retracement level.

◽️ 1st cycle, price reached it 4 months before halving.
◽️ 2nd cycle, it was 2 months before.
◽️ 3rd… pic.twitter.com/9Qc5RCteG5

— Titan of Crypto (@Washigorira) September 23, 2023

The price chart shared by @Titan of Crypto shows Bitcoin’s price had reached the 78.60% Fibonacci retracement level two months before the 2012 halving, two months before the 2016 halving, and 12 months before the 2020 halving. 

See also  EU watchdog warns of high concentration in crypto markets, notes minimal euro usage

Of course, past performance is no guarantee of future results. However, if history repeats itself, the price of Bitcoin could double from $26,130 to $48,700 based on the analyst’s prediction. A similar prediction from the analyst puts the next peak for Bitcoin’s current cycle at $108,000.

Bitcoin price chart from Tradingview.com (BTC price prediction)

BTC price struggling to hold $26,000 | Source: BTCUSD on Tradingview.com

The Bitcoin halving, which cuts the block reward for miners in half, has been known to have a bullish effect on Bitcoin. A similar prediction by equity research firm Fundsrat to its clients predicted the next halving to have a bullish effect on the price of Bitcoin. While the next halving isn’t slated to occur until April 2024, analysts have predicted Bitcoin rising before then. 

Another analyst who goes by the X handle @100trillionUSD also predicted a series of events before the next halving, with a Bitcoin price rise being one of them.

This checkbox has been marked, as Bitcoin has risen from $18,000 since the beginning of the year. According to him, the 2024 halving should meet Bitcoin at a price greater than $32,000 and a bull market will push Bitcoin above $100,000. 

To be clear, I still stand by my January 12 prediction:

✅ Nov 2022 $15.5k was the bottom
✅ Bitcoin will rise towards 2024 halving. BTC already rose from $18k to $27k since Jan 12.
❓ 2024 halving will be >$32k ($32k-$66k IMO)
❓ 2025 bull market >$100k ($100k-$1m IMO) https://t.co/V74Y8VYCVo pic.twitter.com/VBjsHObMMl

— PlanB (@100trillionUSD) September 18, 2023

This bullish stance, however, is not shared by everyone. While the industry awaits the implication of the Fed’s recent decision on interest rates and its implication on the crypto market, analyst Nicholas Merten has warned of a potential $440 billion decline in overall crypto market capitalization. 

See also  Bitcoin accumulation on exchanges may not be a bullish sign, analyst warns

Featured image from Unsplash, chart from Tradingview.com

Analyst Bitcoin Crypto forms Historical Increase pattern Prepare Price
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

2025-06-02

You must sell all CRYPTO and buy this…

2025-06-02

Bitcoin to $200k?! Latest 2025 BTC Price Predictions

2025-06-01

My Last Day at Bitcoin 2025 Conference

2025-05-31
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Blockchain

Dune Analytics expands blockchain data with Tron integration

2024-03-28

Dune Analytics has partnered with Tron, a leading high-performance blockchain platform, to provide users with…

Analysis

Crypto Trader Analyzes Bitcoin and Chainlink, Says Current Stress Test Is Better for the Long Run – Here’s Why

2023-03-10

A widely followed crypto analyst is expecting the current stress test on the digital assets…

Blockchain

DWF Labs and MovieBloc Revolutionize Filmmaking Through Blockchain Collaboration

2023-11-20

DWF Labs recently announced a series of strategic measures to help MovieBloc. It is a…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

2025-06-02

Lightning Network Is About to Explode!

2025-06-02

You must sell all CRYPTO and buy this…

2025-06-02

Bitcoin to $200k?! Latest 2025 BTC Price Predictions

2025-06-01
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 104,760.07
ethereum
Ethereum (ETH) $ 2,616.32
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.20
bnb
BNB (BNB) $ 664.20
solana
Solana (SOL) $ 155.03
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.188818
tron
TRON (TRX) $ 0.273248
cardano
Cardano (ADA) $ 0.669379
bitcoin
Bitcoin (BTC) $ 104,760.07
ethereum
Ethereum (ETH) $ 2,616.32
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.20
bnb
BNB (BNB) $ 664.20
solana
Solana (SOL) $ 155.03
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.188818
tron
TRON (TRX) $ 0.273248
cardano
Cardano (ADA) $ 0.669379