Merry Christmas, folks!
Hope you all are having a great holiday. With 2025 just around the corner, let's wish for Bitcoin to soar to new heights this festive season. This year has shown some really good signs for the Bitcoin market, including its biggest price jump ever and finally hitting the $100K mark.
Check out how Bitcoin's price has looked on Christmas Day over the years from 2013 to 2024:
2013 $682
2014 $319
2015 $456
2016 $896
2017 $14,027
2018 $3,815
2019 $7,275
2020 $24,665
2021 $50,430
2022 $16,831
2023 $43,790
2024 $98,150
Looking ahead, I think we might see Bitcoin hitting $200K by Christmas 2025. Just imagine, the price nearly doubled from Christmas 2023 to Christmas 2024.
In reality, this price history is used to create patterns that have little predictive reliability. From a simplified series tracking point of view we should think that next year the price will be higher and by 2026 it will be lower. But here we forget one small detail: the real world. If next year several states starting with the USA start buying bitcoin and many other companies join what MSTR is doing the 450 bitcoin mined daily will be a tiny part of the daily demand that will be there, thus driving the price much higher than the $200K you say, and probably preventing a price drop in 2026. The cycles could be a thing of the past, or at least the bear part will be very smoothed out.
Merry Christmas to all! Amazing to see how far Bitcoin has come over the years from reaching new milestones to making history, its been an incredible journey! The doubling of BTCs price this year gives so much hope for whats to come. The $200K by Christmas 2025? seems ambitious but this space has taught us that anything is possible. Wishing everyone here a joyful holiday season and a prosperous year ahead both in crypto and beyond! Let's toast to Bitcoin achieving even greater heights in 2025.
If you speculate and predict that the price of Bitcoin at or on Christmas Day could reach the level of $200k, I think that's too much speculation to predict, as we know currently the price of Bitcoin is still at the level of $98k, meaning it has increased from yesterday, we all have Christmas only a few days away, is it possible in such a short time.
Meanwhile, to reach the $100k level, it takes several years to wait for this phenomenon to occur. If I speculate as you said above, it is a bit difficult to achieve it, You know that Christmas is mostly a holiday and a holiday, which means many people need money and sell Bitcoin, if many people sell what happens next, you definitely know that.
No, New ATH is expected to be between March and October, so next December will be a price correction. The price may be higher than 98k, but inevitably less than 200k. Also, choosing a point like 25 December to predict the price will give inaccurate results.
After the halving on May 2020, Bitcoin elapsed at $24K-$28K within December then following the next year (2021) the price of Bitcoin made an ATH of $69K then fell down to $46K around December which the market did close around that price.
Same is expected to happen again, the ATH of next year will significantly have a close say on what the price of Bitcoin will end by December specifically on the assumed dates. If the price of Bitcoin should exceed $200K then we might get a huge correction between $100K-$120K then if $200K is not met we might get to something between $80K-$90K+ but definitely below $100K price mark.
You had a well done job on this achievements, however you were unable to clarify if the stated prices for each year was the December 25th opening price, closing price or even the highest of the day as well as lowest price for each December 25th.
Regarding what we had today, the market tends to go bullish but has experienced more resistance to bullish trend except we could have a breakout anytime soon before the year runs out, we are expecting more of the market bull through the remaining days of the year and to extend towards the early of next year before we may have to set in for another season.
Following some annual price distance, maybe for Christmas next year or in 2025, the price of Bitcoin will be a price level that is experiencing a decline. So ATH in Christmas 2025 in my opinion will not happen.
The climax is probably not much different from the highest price so far. Furthermore, market correction will occur as our moment to have more bitcoin than now even though there are those who are easily trapped because they have sold at prices below the Christmas price of 2024.
Agreed, in any case December is not a good month to predict prices and it is unlikely that we will see $200k let alone see it in December which is not consistent with historical data.
I missed @ImThour's analysis
What some people analysed which might be possible is $150000. I think that should be the price that we should first focus on and not give a price that will make people fomo. Bitcoin may not get to $200000 but there is nothing impossible but my guess is more of analyses than just taking any price. We should also be preparing for bear market.
Everyone see it differently, personally, I thought that we might close the year between $114k-$124k.
But it seems that it goes the other way around because of the Fed news. So it's way below that, <$100k in December 2024. But it could be different next year, as there could be positive things along the way.
2017 peak is December
2021 peak is October
So maybe it could be between October-December 2025 that we might see our peak all time high between $150k-$180k.
Yes I hope so but I'm not sure it will double by December next year so saying $200K is a bit of an exaggeration although I won't deny that it could happen in the future.
The history of the data above is true that bitcoin has doubled in price every year, but I don't think it's too much that maybe $150K is the highest speculation and the correction will be faster before December.
I am still learning about bitcoin analysis.
But looking at the historical price, I can't help but think that we may be looking at $150000 in 2025 December. For now though the bear market which you have predicted is very imminent and while I am hopeful that it will be short lived because of Trump by January 20th some others think that it will last longer than that.
If the OP can be kind enough to provide us with Historical bitcoin price after Christmas say in the month of January.
Its interesting to see the prices of the previous 2 halving years 2016 and 2024
at Christmas time but more interesting are the years after. They should tell a story
of how next year should go and how 2025 should follow that trend.
I wonder though if at Christmas 2025 we will still be breaking new ATH's?
again going by the previous trends - probably not. I'm still positive for around
$250k sometime in 2025.
2016 to 2017 is the most bonkers one there I see. It was a distorted price I think, I can still remember BTC being on the main news when it grew that much. It might even be 2013 price peak at 1k that got alot of attention, anyway the lesson is how much the hype is like a pan on the stove in the pace it gathers.
This xmas or year end is not the top price imo but we'll see. Today the prices dropped back yet again quite suddenly and its in line with the Nov 22nd area again so Ive drawn that in as resistance till we can get past it at least.
Watch progress for BTC now in regard to the 50 day average, if it slips below that then its a fairly good sign the fight is longer duration then many might be hoping for.
Bitcoin price has been making new records since the beginning, because Bitcoin price has increased relatively the most during this bull run season. However, Bitcoin price moved to $98K price for a long time on Christmas Day, and it touched a high of $108K which is the highest Bitcoin price of all time.
However, the highest high will be reached in 2025, and Bitcoin price will start to increase again, because we are still in the middle of the bull run season. However, I think we will soon see Bitcoin price break the previous record and create a new record again.
Although to me it is not an unrealistic expectation that bitcoin can surpass the $200k next year 2025 but the more realistic expectation should be that it wont go beyond that base on the historical prices we have experienced so far, lets take a look at the bitcoin volatility rate which ideally has reduced drastically from the previous years, for example bitcoin moved almost 15x from its price on the halving year of 2016 to its bull year of 2017, that volatility again reduce and the market moved around 2x the next halving year 2020 to the bull year of 2021. This clearly means the volatility is drastically reducing and that shouldnt be a surprise because the market cap is definitely ata a high that not little capital can move the price like before.
For me a realistic valuation of price would be an increase of 1.5x from the current price recorded, as such I am predicting a $150k price at 25th December next year and possibly a all time high of $165k for this bull run