Bitcoin’s (BTC) current price cycle has the potential to culminate in an all-time high of about $300,000 in the coming months, according to observations by a cryptocurrency trading expert.
Gert van Lagen noted that Bitcoin will likely hit the target by March 30, 2025, in a projection guided by the Elliott Wave Theory, a framework used to identify repetitive cycles in financial markets, he said in an X post on January 11.
Bitcoin price analysis chart. Source: Subtrack/Gert Van Lagen
“Bitcoin’s bull market since 2009 is projected to peak at ~$300K by March 30, 2025,” he said.
If this price level is attained, it will mark a price growth of almost 220% from the current valuation, placing Bitcoin’s market cap at approximately $6 trillion.
Van Lagen’s analysis categorized Bitcoin’s price journey since 2009 into five distinct waves. Each wave represents a phase of market psychology, moving through periods of euphoria, correction, and consolidation.
The present pha
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