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Crypto Prune > News > Crypto > Bitcoin > Everyone thinks Bitcoin will soon reach its peak, but the analyst says “everyone is wrong.”
Bitcoin

Everyone thinks Bitcoin will soon reach its peak, but the analyst says “everyone is wrong.”

7 months ago 1 Min Read

Cryptocurrency analyst Mark Moss has issued an impressive statement about the future of Bitcoin (BTC).

Moss’ rating highlights the Pi cycle top indicator, which has correctly predicted Bitcoin’s cycle top in the past.

Moss said the Pi Cycle Top indicator was “completely” predicting peaks in 2013, 2017 and 2021. Analysts say that while the majority of the market expects Bitcoin to peak in the last quarter of 2025, the PI Cycle Top Indicator will place its date in the first quarter of 2027. The estimated potential price levels of analysts are impressive.

Looking at the past successes of this indicator, Moss took the new prediction seriously and said, “Is the indicator still working accurately or is it obsolete?

Moss also noted that the market is increasingly competing to accumulate more Bitcoin, and that BTC purchases are increasing through the increasing number of publicly traded companies. In this context, he raised the following question, referring to the founder of XRP:

“Why are XRP founders selling their holdings while the world races to win as many BTC as possible?”

*This is not investment advice.

See also  Moody's US credit system historic downgrade can add fuel to Bitcoin Safe Haven Status
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