2025 January Bitcoin Dip: Will BTC Peak in July? Analyst Highlights Key Technical Signal
Bitcoin had dropped 10.31% in the previous week and 3.32% in the last day. However, according to market observers, this decline is typical for Bitcoin in January. Therefore, a bull market can start up again, and according to a crucial technical signal, the price of Bitcoin might reach its top in mid-July 2025. After its sharp ascent in 2024, which culminated in a new all-time high of $108,268 on December 17, Bitcoin is still trapped in a four-week price consolidation area, according to data from Cointelegraph Markets Pro and TradingView.
Bitcoin trader and analyst Dave the Wave claims that although the price has already fallen 14% from these record highs, the 52-week simple moving average (SMA) still shows that there is still potential for Bitcoin to rise. In a post on X on January 13, the analyst stated that the price of Bitcoin had previously peaked when the one-year moving average reached the halfway point of the LGC channel.
The suggestion of a mid-year #BTC peak here.
Dave the Wave
Bitcoin’s 52-Week SMA Signals: Could the Next Peak Hit Before July 2025?
Nevertheless, the price has typically peaked a few days or months before or after the moving average crosses the middle line of the LGC, as the preceding chart shows. For instance, the 52-week SMA flashed the top signal for Bitcoin on December 13, 2013, the same day the price crested. The top signal occurred on January 15, 2018, one month after Bitcoin’s December 17, 2017, peak. Additionally, the 52-week SMA showed the signal months early on May 3 when Bitcoin peaked at $69,000 on November 10 during the 2021 bull cycle.
As a result, the 2025 Bitcoin peak may drop in the days to months leading up to or following the one-year SMA’s crossing of the LGC’s middle line, which is anticipated to occur in mid-July. The less steep one-year moving average, as noted by Dave the Wave, indicates a maturing market. In conclusion, analysts suggest that post-halving years typically see this relatively small adjustment at the start of the year.
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