When will the Bitcoin price rise again? You need to pay attention to these signals!

Bittime - Although Bitcoin has had a rough time recently, with the price oscillating between $93K and $96K, some analysts believe that a significant price surge may be on the horizon.

Ted Boydston, a well-known crypto commentator, predicts that Bitcoin price could target the $225K mark in the near future. According to him, the emerging buy signal from the price oscillator on M2 indicates that the market is gearing up for a massive upswing.

Boydston explained that the M2 price oscillator provides real-time buy and sell signals, and it is currently showing a buy signal. If the historical pattern repeats itself, this could be a sign that Bitcoin will soon experience a favorable price surge for holders and investors.

With this potential surge, many are wondering when BTC will rise and how to capitalize on this opportunity.

Also read: Bitcoin closes 2024 with BTC price drop

Signals from the M2 Price Oscillator

The M2 price oscillator is a tool used to analyze Bitcoin's price movements. It considers the circulation of liquid cash, including demand deposits, physical cash, and savings.

Boydston notes that this oscillator has provided accurate buy signals, with the exception of the 2016 Bitcoin cycle. Currently, the chart shows a green signal, signaling potential buying as the year comes to a close. If this trend continues, we could see money printing and a new Bitcoin mania phase.

With a buy signal emerging, many traders and investors are starting to prepare for a possible price spike. History shows that signals like these are often followed by increased volatility and price appreciation of Bitcoin. Therefore, it's important for investors to pay attention to these technical indicators when planning their investment strategies.

Bitcoin Bull Run on the Horizon?

Based on the analysis conducted, many readers and investors are beginning to consider the possibility of an impending Bitcoin bull run. The M2 price oscillator chart shows that after a long red period, there is currently a green signal indicating a potential buy.

If this pattern repeats, we could see a significant price spike, paving the way for an even higher Bitcoin price increase.

Analysts had previously targeted Bitcoin's price at $100K, and after reaching that mark in December, new targets began to emerge. Some analysts speculate that the price of Bitcoin could reach $150K in the near future, while others even dare to predict that BTC could reach $1 million.

Also read: Bitcoin Price Prediction in 2025 According to Experts

Future Bitcoin Price Action

With all the positive signals emerging, many investors are optimistic about the future of Bitcoin price. If a price surge occurs, it could be a great opportunity for traders to profit. However, it's important to remember that the crypto market is highly volatile, and any investments should be made with caution.

Overall, although the price of Bitcoin is currently on the decline, emerging signals suggest that a price surge may be on the horizon. By paying attention to technical indicators and market analysis, investors can prepare themselves to capitalize on opportunities.

When will BTC rise? Only time will tell, but with the signals in place, hopes for a Bitcoin price increase remain high.

FAQ

Why does Bitcoin price fluctuate?

Bitcoin price fluctuates due to a variety of factors, including demand and supply in the market, investor sentiment, economic news, and regulatory developments. This volatility is a hallmark of digital assets and can be affected by many external factors.

What is the M2 price oscillator?

The M2 price oscillator is a technical analysis tool used to provide buy and sell signals based on Bitcoin price movements. It takes into account the liquid circulation of cash and can help traders make investment decisions.

When is the Bitcoin price expected to rise again?

While it is difficult to predict exactly when the Bitcoin price will rise, some analysts believe that buy signals emerging from technical analysis tools indicate that a price spike may be in the near future. Investors are advised to monitor market indicators and breaking news for the latest information.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

Reference

newsbtc.com, Will Bitcoin Enter Its Most Massive Bullish Cycle Ever? This Engineer Thinks So, accessed on December 31, 2024.

Author AWW