Copper analysts predict that Bitcoin will peak in value no earlier than May 2025, just in time for the American recession to begin. They based their calculations on data from various bull and bear cycles.
According to their estimates, cycles typically last at least 756 days. 554 days have already passed since the cryptocurrency price bottom formed. Thus, there are 200 days left until the Bitcoin price peak forms, unless, of course, the market situation undergoes significant changes, the analysts added.
They drew attention to the fact that a recession in the American economy could begin in May, citing forecasts from analysts at JPMorgan Bank, who previously noted that the probability of a recession in the US economy in the second quarter of 2025 is at least 45%.
According to experts, historically Bitcoin has shown resilience during periods of economic decline in the US. However, this time the situation may turn out differently, experts said.
As for the current situation, the first one is kriptovalyuta continues to move higher, setting another record high today at $91,984.
