Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Crypto.com Custody Trust Company Secures $120M in Digital Asset Insurance to Combat Crime & Theft

27/07/2025

Tourists in Rio May Soon Pay with Crypto as Bybit and Tether Expand

27/07/2025

Bulls Hold the Line as $117,000 Support Faces Key Test

27/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Bulls Hold the Line as $117,000 Support Faces Key Test

    27/07/2025

    Bitcoin treasury companies acquired 244,991 bitcoin in the first half of 2025: K33

    27/07/2025

    Not all Bitcoin-heavy firms get equal stock market love

    26/07/2025

    Key Levels and Macro Risks Ahead

    26/07/2025

    Ethereum Is So Back? ETH Price Jumps to 2025 High Amid Open Interest Surge

    25/07/2025

    ‘Ethereum Avengers’ Firm to Generate ETH Using $1.5 Billion Stockpile

    25/07/2025

    Cathie Wood’s ARK Loads Up on Ether Treasury Bet Bitmine Immersion

    25/07/2025

    Ethereum Has Already Won—Paul Brody

    25/07/2025

    SRM Entertainment Rebrands to Tron Inc. as It Strengthens Focus on TRX Treasury Strategy

    27/07/2025

    Layer-2 Eclipse’s Airdrop Goes Live

    26/07/2025

    Aethir and Credible Introduce DePIN-Powered Credit Card

    26/07/2025

    Fugitive Zhu Su, Founder of Failed Crypto Company 3AC, Makes Critical Remarks About Solana (SOL) – Shares Why He’s Big Bull on SOL

    26/07/2025

    LasMeta and Pyth Network Partner to Unveil NovaDrop NFTs

    26/07/2025

    Ripple CTO regrets the time he censored Ozzy Osbourne

    26/07/2025

    NFT market cap surged to $6.6B in July: DappRadar

    25/07/2025

    Ethereum Treasury Firm Buys $5M CryptoPunk—And Is Borrowing Stablecoins Against It

    25/07/2025

    Crypto.com Custody Trust Company Secures $120M in Digital Asset Insurance to Combat Crime & Theft

    27/07/2025

    Tourists in Rio May Soon Pay with Crypto as Bybit and Tether Expand

    27/07/2025

    Bulls Hold the Line as $117,000 Support Faces Key Test

    27/07/2025

    SRM Entertainment Rebrands to Tron Inc. as It Strengthens Focus on TRX Treasury Strategy

    27/07/2025
  • Blockchain

    A Game-Changer for Network Efficiency

    26/07/2025

    Is Ripple Powering BlackRock’s $100 Trillion Blockchain Vision?

    26/07/2025

    Zircuit Introduces Cross-Chain AI Trading with Hyperliquid Engine

    26/07/2025

    Sahara Labs Unveils Data Services Planform to Revolutionize AI Training

    26/07/2025

    Bridges are a road to nowhere for blockchain communications

    26/07/2025
  • DeFi

    Valor Quest Brings Crypto Cwallet to Web3 Gaming, Building Seamless User Experiences

    26/07/2025

    Uniswap’s Angstrom DEX Unveils a Revolutionary Shield for Traders

    26/07/2025

    Hemi Network Partners With SQD AI to Advance Bitcoin DeFi Capability

    26/07/2025

    Apple Farm season 2 now live on Etherlink with $3M in rewards

    25/07/2025

    Retail XRP Holders Could Soon Earn 20% Yield on Their Tokens

    25/07/2025
  • Metaverse

    AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

    25/07/2025

    The Sandbox Launches Largest LAND Auction Using GBM Protocol

    21/07/2025

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025

    Bonk.fun Grabs 55% of Solana Token Issuance Share, Pushes BONK Demand

    08/07/2025

    Apple’s Top AI Exec Leaves For Meta Amid Aggressive Hiring Trend

    08/07/2025
  • Regulation

    Crypto.com Custody Trust Company Secures $120M in Digital Asset Insurance to Combat Crime & Theft

    27/07/2025

    U.S. June CPI Rose an In Line 0.3%; Core Rate Slightly Better Than Hoped at 0.2%

    26/07/2025

    BREAKING! US Inflation Data Released! Here’s Bitcoin (BTC)’s First Reaction!

    26/07/2025

    How Was the First Half of 2025? Institutional and Individual Investors Followed Different Strategies! “Institutions Flocked to Bitcoin and Ethereum, While Individual Investors Flocked…

    26/07/2025

    Donald Trump Launches Official Process for Fed Chair! US Treasury Secretary Calls for “Extension” to Powell!

    26/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Tourists in Rio May Soon Pay with Crypto as Bybit and Tether Expand

    27/07/2025

    Revolut Makes Crypto Staking Available in Hungary After Restricting Services

    27/07/2025

    Big Change in UK Crypto Regulation – Retail Access to Bitcoin Products Coming Soon?

    26/07/2025

    New XRP Margin Pair Available on Major US Exchange

    26/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Octo Gaming Teams Up with Starknet for Exclusive Rollup-Powered Game Launch

    25/07/2025

    Off the Grid Skin Sale Volume Hits $30K as the Avalanche Shooter Hits OpenSea

    25/07/2025

    Axie Infinity Creator Sky Mavis Backs New BORA-Integrated Game on LINE NEXT App

    24/07/2025

    ‘Tokyo Beast’ Speedruns Crypto Game Cycle, Shutting Down Just a Month After Launch

    24/07/2025

    Bitcoin (BTC) Average Hashrate Spikes to 1 ZH/s for First Time Ever

    26/07/2025

    Tether’s Mining OS Set to Go Open Source by End-of-Year, Confirms Paolo Ardoino

    26/07/2025

    Bitmain Funnels 187 Tons of Antminer Parts to Skirt US Tariffs

    25/07/2025

    Russian authorities implicate illegal mining for 200% spike in video card sales

    25/07/2025

    Hong Kong’s stablecoin licensing to adopt invite-only approach: report

    25/07/2025

    Senator Warren Slams GOP’s Crypto Plan, Warns of ‘Presidential Corruption’

    25/07/2025

    White House Set to Launch First Major Crypto Policy Report On July 22

    25/07/2025

    SEC explores Ethereum token standard for compliant securities

    25/07/2025

    Crypto.com Custody Trust Company Secures $120M in Digital Asset Insurance to Combat Crime & Theft

    27/07/2025

    Tourists in Rio May Soon Pay with Crypto as Bybit and Tether Expand

    27/07/2025

    Bulls Hold the Line as $117,000 Support Faces Key Test

    27/07/2025

    SRM Entertainment Rebrands to Tron Inc. as It Strengthens Focus on TRX Treasury Strategy

    27/07/2025
  • MarketCap
NBTC News
Home»Bitcoin»Analyst Predicts Next Bitcoin Cycle Top
Bitcoin

Analyst Predicts Next Bitcoin Cycle Top

NBTCBy NBTC13/10/2023No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


The cryptocurrency landscape is once again rife with speculation as Bitcoin traverses its current fourth halving cycle. Amidst varied predictions, renowned crypto analyst CryptoCon’s insights, grounded in the Gann Square methodology, the November 28 Halving Cycles theory, and the 5.3 Diminishing Returns theory have garnered significant attention.

CryptoCon remarked via X (formerly Twitter) today, “The Gann Square predicts either $89,000 or $135,000 for the Bitcoin top this cycle.” He emphasized the accuracy of the Gann Square theory during previous cycles, pointing out its precision in predicting the cycle tops.

Will Bitcoin Price Reach $135,000?

According to the analyst, by leveraging the “blue 2×1 fan as the fair value line and drawing the end at Nov 28th (Halving Cycles Theory),” the Gann Square successfully pinpointed the tops of cycles 1 and 3 at the fourth level. However, the second cycle diverged, settling slightly above the fifth level.

This sets the stage for two potential outcomes in the ongoing fourth cycle, with the $135,000 prediction aligning with both CryptoCon’s November 28th price model and his Trend Pattern price model. Conversely, the $89,000 figure is aligning with the 5.3 diminishing returns theory.

Bitcoin price prediction | Source: X @CryptoCon_

Historical data further adds depth to this analysis. Bitcoin’s inaugural cycle, spanning 2010-2014, saw it catapult from a minuscule value to a peak of $1,177. The subsequent 2015-2018 cycle commenced at $250, witnessing an unprecedented climb to $20,000 by its close. The journey from 2018-2022 manifested Bitcoin’s resilience as it surged from sub-$6,000 levels to a commendable $68,800.

Delving into the intricacies of the Gann Square’s “Fan” Lines offers more clarity. The “2×1 Fan” line, represented in blue, plots a trend angle where the price progression is double that of time. Traditionally, when the Bitcoin price is close to this line, it indicates a “fair value”.

In its 13-year history, Bitcoin has only extremely rarely fallen below the line, most recently in late 2022 following the collapse of FTX, then the second largest crypto exchange, and during the Covid crash in March 2020.

The “1×1 Fan” line, depicted in green, portrays a market in equilibrium with prices increasing in tandem with time. Historically, Bitcoin’s price peaked near this line during the parabolic run-up in the second and third cycles, providing the theoretical basis for the $135,000 prediction.

The Diminishing Returns Theory: Only Sub-$90,000?

In a subsequent post, CryptoCon further explained the $89,600 target. He stated that “$90k is slightly above the 5.3 diminishing returns theory.” According to the theory, Bitcoin’s returns diminish by a factor of 5.3x from the bottom to the top of each cycle, suggesting the next cycle’s peak might be around $77,000.

Bitcoin Diminishing Returns Theory
Bitcoin Diminishing Returns Theory | Source: X @CryptoCon_

CryptoCon remarked, “After measuring returns from cycle bottoms to tops on the daily time frame as precisely as possible, the returns from cycle tops to bottoms are not 5.3. They are as follows: 5.34x, 4.96x, and 5.63x.”

Diving deeper, CryptoCon pointed out, “There is merit to the 5.3, as the average of these numbers is 5.31. However, we cannot say for sure that this will be the returns if this is just an average.”

Highlighting the potential peaks based on past cycles, he commented on the more grounded numbers. “The real numbers so far range from the lowest cycle top of $73,522 to the highest at $81,675 with an average cycle top of $77,122.”

Discussing the possibilities of Bitcoin hitting a much-anticipated $100,000 mark, CryptoCon explained, “$100,000 would mean a 3.84x diminish, implying Bitcoin would need to exhibit a drastically lower diminishing return rate this cycle.”

Drawing attention to Bitcoin’s historical relationship with Fibonacci extensions, he stated, “Bitcoin has consistently hit a Fibonacci extension level at each cycle top. If $77,000 is the anticipated target, this would be a deviation. The cycles have previously matched Fibonacci extensions of 58.764, 19.764, and 3.618. For this cycle, the lowest Fibonacci extension measured from weekly candle bodies is the 1.618, suggesting a price of $104,000 which corresponds to a 3.7x diminish from the last cycle.”

CryptoCon concluded by inviting speculations on whether external factors, such as the approval of spot Bitcoin ETFs, could provide the necessary momentum to shift these models. “Many believe that ETFs will have the strength to disrupt these models and predictions. Returns are evidently diminishing, but is the 5.31x ($77,122) average return going to be this cycle’s peak?”

At press time, BTC traded at $26,906.

Bitcoin price
BTC hovers below $27,000, 1-day chart | Source: BTCUSD on TradingView.com

Featured image from Shutterstock, chart from TradingView.com


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Bulls Hold the Line as $117,000 Support Faces Key Test

27/07/2025

Bitcoin treasury companies acquired 244,991 bitcoin in the first half of 2025: K33

27/07/2025

Not all Bitcoin-heavy firms get equal stock market love

26/07/2025

Key Levels and Macro Risks Ahead

26/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Crypto.com Custody Trust Company Secures $120M in Digital Asset Insurance to Combat Crime & Theft

27/07/2025

Tourists in Rio May Soon Pay with Crypto as Bybit and Tether Expand

27/07/2025

Bulls Hold the Line as $117,000 Support Faces Key Test

27/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

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