Tue 14 Jan 2025 ▪
5 min read
▪
by
Luc Jose A.
The movements of Bitcoin rhythm the markets, between phases of euphoria and brutal corrections. After a record of 108,268 dollars in December 2024, the crypto is undergoing a period of consolidation. However, a major technical indicator, the 52-week Simple Moving Average (SMA), fuels speculation. According to analyst Dave the Wave, Bitcoin could reach a new peak by July 2025, a pattern already observed during previous bullish cycles. Thus, if this prediction is validated, it would mark a key milestone in the current cycle. Nevertheless, the market's evolution remains uncertain, between technical signals and external factors likely to influence price trajectories.