Bitcoin Price Prediction: Could Break $110K but Fall to $40K First

Bittime – Bitcoin (BTC), as the world's largest cryptocurrency, continues to be the center of attention of analysts and investors. Based on historical technical patterns, there are predictions that Bitcoin price could reach $110,000 by 2025. 

However, some analysts are also concerned about the possibility of a significant price correction below $40,000 before reaching the six-digit figure.

Pola Cup and Handle: Bitcoin Menuju $110K

According to Titan of Crypto, a well-known crypto analyst, the pattern Cup and Handle The Bitcoin price chart shows the potential for a huge increase of up to $110,000 in 2025. 

In X's post on September 1, it stated, "Bitcoin $110,000 on the way. Pattern Cup & Handle still valid. Just a little more patience—the last quarter of the year is going to be epic!"

by Cup and Handle is a bullish chart pattern indicating the continuation of an uptrend, often used to identify opportunities to enter an asset with expectations of further price increases.

Potential Increase to $100K in First Quarter 2025

Elja Boom, another crypto analyst, also hinted at a possible Bitcoin price spike above $100,000 during the first quarter of 2025. 

In his upload on August 31, he showed a pattern inverse head and shoulder which also indicates an upward trend. "When this breaks out, Bitcoin will pass $100K. I predict ATH (All-Time High) in Q4 and $100K in Q1 2025," he wrote.

Concerns Correction to $40K

Despite the prospect of a high price increase, some analysts warn that Bitcoin may experience a major correction before reaching its peak. 

Bitcoin analyst Magoo PhD, for example, predicts that Bitcoin prices could fall below $40,000 before eventually climbing back towards $110,000.

However, other analysts such as Moustace have a more optimistic view, stating that the correction may not be as bad as expected. 

In his September 2 post, he suggested that the market may find a bottom around $57,000, referring to a similar fractal pattern from 2020.

Conclusion: Volatility Before the Surge

With varying predictions, it is clear that the Bitcoin market will experience significant volatility in the near future. 

While some analysts are optimistic that the price will reach $110,000 in the next few years, they also warn of the possibility of a price decline beforehand. 

For investors, this may be an opportunity to buy at low levels before a potential big spike.

How to Buy Crypto on Bittime

You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of Indonesia's best crypto applications, officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime. 

Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.