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‘Made Easy Finance’ does not rule out that Bitcoin could even reach $200,000 in this cycle.
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Overall, the company forecasts that 2025 will be bullish for bitcoin through October.
The price of bitcoin is strongly above $72,000, thus approaching its most recent all-time high reached in March 2024.
In the following graph, provided by TradingViewthe movements of the digital currency are observed throughout 2024:
Bitcoin price since January 2024. Source: TradingView.
For ‘Made Easy Finance’, a financial analysis company, there are clear signs that BTC is “destined” to reach $100,000 in the near future.
According to their research, the currency would be driven by a series of market factors that point towards explosive growth.
Primarily based on historical patterns, Made Easy Finance analysts they assert that “The stars are aligned to see bitcoin at $100,000 or more” before April 2025, and, in the best case, it could even reach 200,000.
The company has based its projections on two fundamental observations that it believes always accompany a bitcoin bull run to a new high.
The first point observed is of a temporary nature. It is highlighted that the BTC rally usually happens between five and six months after the halving. This is an event that happens approximately every four years and reduces the issuance of the digital currency by half.
According to the firm, the last halving suggested that BTC would reach its new all-time high between September 27 and October 17 2024, and although this was not met on those exact dates, the asset came close, reaching $73,000 on October 29, as reported by CriptoNoticias.
The second key element in his analysis is the Coppock curve, a technical indicator developed by Edward D. Coppock that measures long-term exchange rates.
This tool identifies the beginning of sustainable bullish trends in the market and, according to the firm, Every time the Coppock curve turns positive, it anticipates the arrival of a bull market.
In the last two months, this indicator has finally turned positive for bitcoin as seen in the following graph. It is a sign that in the past has been a prelude to big price rallies.
The Coppock curve is superimposed on these halving cycles. There you can see how the curve tends to coincide with the beginnings of new bullish cycles after each halving. This indicates a change in bullish trend and can be a signal to enter the market.
Price projections and growth targets
In terms of price targets, Made Easy Finance sets an initial base price of $100,000, supported by technical factors and the “whole number” psychology that tends to influence financial markets.
However, the price could even double to reach $200,000taking into account the starting price of $65,000 upon entering the current bull market.
This forecast is supported by historical analysis of previous cycles. In the 2012-2016 halving cycle, bitcoin experienced a 100x magnification; In the 2016-2020 cycle, it grew 32x, and in the recent 2020-2024 cycle, it rose 8x.
Although performance has declined in each cycle, Made Easy Finance is confident that “the current momentum will be enough to see prices above $100,000 in the coming months.”
Action plan for the coming months
To capitalize on the trend, the company has executed a strategy of investing in shares of Bitcoin Mining companies as a way to amplify returns.
Right now, we have tilted our bitcoin portfolio towards CleanSpark Inc (CLSK) and MARA Holdings Inc (MARA). However, CLSK remains our top pick as it offers the most upside potential and is the most undervalued in the sector based on implied bitcoin price. Furthermore, we also choose MARA as a mean reversion option. The latter suggests that investing in MARA is based on the idea that its share price will eventually return to its historical average. If the current price is below this average, the stock is considered undervalued and there is a high probability that its price will recover.
Made Easy Finance, a financial analysis company.
The chart below shows the stock performance of the mining companies mentioned, with CLSK leading the way.
Bitcoin mining company stock performance. Source: SeekingAlpha.
If bitcoin reaches $90,000, Made Easy Finance will consolidate its portfolio 100% in bitcoin, selling all its shares in mining companies, as part of its conservative approach. They also plan to short in-the-money put options on mining companies, using the premiums earned to purchase more bitcoin.
The closing of the bullish cycle and the beginning of the bearish cycle
Based on the historical halving experience, Made Easy Finance considers that the current bullish trend could last until April 2025.
However, they anticipate that the bearish pressure will begin to gradually increase towards October 2025so they suggest that next year will be a key window to take advantage of price appreciation.
As market events evolve, they will revise their thesis to adapt to new developments, especially if bitcoin surpasses the resistance level seen in the previous cycle, the company assures.
With bitcoin aligned to reach $100,000 or more, Made Easy Finance maintains a firm long-term positioning strategy. The company continues to adjust its portfolio, maximizing opportunities through options and mining companies with high return potential, as they prepare to consolidate positions if the digital currency meets its objectives.
The road to $100,000 is shaping up to be the big goal, and for bitcoin enthusiasts, the stars seem to be truly aligned.
Crypto Keynote USA
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