Прогнозы аналитиков: Биткоин может достичь $200,000 до конца года Headline: Analysts Predictions: Bitcoin Could Reach $200,000 by Year-End

The target price for the leading cryptocurrency is approximately $200,000, with immediate key resistance positioned slightly above $130,000. This is reported by 21st Capital.

The prediction is based on a combination of the power law and quantile regression analysis methods employed to assess the historical trends of the asset.

According to the model, the baseline trend is around the $120,000 mark. Given the bullish phase of the cycle, Bitcoin’s price could surge to between $150,000 and $200,000 by the year-end.

The forecast suggests a long-term objective of $1.2 to $1.5 million by 2035, relying on exponential growth in on-chain metrics rather than speculative demand.

Historically, each 50% increase in Bitcoin’s «age» has been accompanied by roughly a tenfold increase in its price. The model captures this pattern with high accuracy (R² > 0.95).

When considering consistent on-chain metrics and favorable macroeconomic conditions, including the anticipated rate cut by the Federal Reserve in September, this indicates a sustained positive outlook for the asset through 2025.

Researchers compared the 10-year average annual growth rate of Nasdaq, which is usually around 5-12%, to the last decade’s rate of 16%. During the same period, gold increased by an average of 10.65%, factoring in a 2% yearly supply growth, this became 12.88%.

Over the same timeframe, the M2 money supply in the U.S. grew by approximately 6% annually. In this context, Bitcoin’s projected average annual growth rate of 42.5% emphasizes its outperforming trajectory.

According to researchers, the power law model has accurately predicted Bitcoin’s price movement for 16 years. It suggests a gradual slowdown in growth rates as adoption of the asset expands—estimating 30% growth by 2030—still three times higher than the inflation-adjusted rate of gold.

«Bitcoin remains the most accurate indicator of global liquidity,» experts noted in the report.

They attributed this to the market’s relatively small size and the role of the cryptocurrency as a «liquidity sponge» amid a «cheap money» policy.

The report also highlights the importance of the accumulation zone between $114,000 and $117,000. Its strength has led to a price increase above $120,000.

CryptoQuant contributor Yonsei_dent suggested that the influence of institutional investors could prolong bullish markets while reducing the chances of «sharp short-term rallies.»

The researcher referenced changes in NUPL—historically, market cycle peaks have coincided with extremes in this indicator.

«In 2017, the metric reached a peak; within the 2021 cycle, it formed a second one,» the expert provided as an example.

The analyst believes that in the current cycle, NUPL is creating a third peak. Unlike previous periods, the market is advancing in «gradual waves,» which may be linked to an influx of institutional capital, including through U.S. spot ETFs.

«Although the market’s size, liquidity, and resilience have improved, the percentage yield in each rally is gradually decreasing,» the expert summarized.

At the time of writing, Bitcoin is trading around $118,400. Over the past 24 hours, its price has dropped by 1.8%, according to CoinGecko.

Recall that the day before, the first cryptocurrency had set a new historical high above $124,000. Following the market leader, several altcoins, including BNB, achieved record prices.