Bitcoin’s price as of December 21, 2024, is approximately $98,600, showing a 3.4% increase from the previous close. The cryptocurrency has experienced significant price fluctuations in the past seven days, leading to declines below the $100,000 level and liquidations across the crypto industry. Despite this, renowned analyst Adrian Zduńczyk, also known as CRYPTO₿IRB, predicts a surge in Bitcoin’s price to over $225,000 by June 2025. According to Zduńczyk, the current bull run is 80% complete, with the remaining 20% expected to be the most exciting phase, pushing Bitcoin to unprecedented highs.
The current market cycle began in October 2023, triggered by applications of Spot Bitcoin ETFs that led to a rally in Bitcoin’s price. The cryptocurrency broke above multiple price resistance levels, surpassing its previous all-time high to reach over $70,000 in March 2024, and recently surpassing the $100,000 psychological threshold in December 2024. With Bitcoin already increasing by 315% since the start of the bull run, Zduńczyk projects a further 110% increase from the current all-time high, reaching over $225,000 by June 2025.
Following Bitcoin’s peak, Zduńczyk anticipates a major altseason with explosive gains across the altcoin market. However, he warns of a potential bear market in 2026 that could result in losses of 80-90% from the highs of various cryptocurrencies. His advice to investors is to realize gains and exit before the end of 2025 to avoid potential losses. The analyst hinted at a significant development scheduled for December 27 but did not provide details at the moment. Despite Zduńczyk’s bullish prediction, other crypto analysts project Bitcoin’s peak to exceed $1 million in the current market cycle.
Overall, the cryptocurrency market is experiencing significant volatility, with Bitcoin’s price on an upward trajectory towards a projected peak of over $225,000 by June 2025. Investors are advised to remain vigilant and consider realizing gains before potential downturns in 2026. As the industry prepares for a major altseason and possible bear market in the coming years, strategic decision-making becomes crucial for navigating the unpredictable landscape of cryptocurrency investments. With various analysts offering differing projections for Bitcoin’s future price movements, staying informed and making informed choices is key for success in the ever-changing world of cryptocurrencies.
