says one of the few analysts who accurately described Bitcoin’s 2025 summit Bitcoin It is likely to form a bottom in the near term.
The analyst goes by the alias KillaXBT He tells His 206,800 followers on X said that Bitcoin is likely to trade sideways in the coming months before setting the stage for a massive breakout based on historical precedence.
“I think the most likely scenario is for Bitcoin to fall sideways over the next few months. As much as I would like to see Bitcoin recover in a V-shape, this is something we have never seen historically before. In previous bear market cycles, the market has typically spent time consolidating and ranging before a true trend reversal takes hold. So, the pumps are likely to be shallow at the moment. Take that into consideration.”
Looking at his chart, the analyst suggests that BTC could reach the $52,000 level before entering an uptrend.
KillXBT too He says The Bitcoin supply ratio in the profit and loss scale indicates a bottom based on previous cycles.
“BTC supply percentage of profit at each bottom:
- 2012: 47.77%
- 2014: 42.23%
- 2019: 40.20%
- 2022: 47.98%
- 2026: 47.91%
Most people don’t realize how close we are to the bottom. The $30k calls are just like the $10k calls last cycle, everyone expected them, but they never came.
Bitcoin is trading for $61,557 at the time of writing, down 1.6% on the day.
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