As Bitcoin (BTC) flirts with new all-time highs—potentially reaching $120,000—analysts warn that the bull market may soon enter its final phase, with a bear market likely starting in late 2025.
Key Resistance Levels: Will Bitcoin Peak Soon?
According to crypto analyst MasterAnanda, Bitcoin is facing its last major resistance zone before full price discovery:
$120,000–$130,000: A critical barrier that could cap the current rally.
$150,000–$160,000: A breakout here could push BTC toward $180,000–$220,000.
If Bitcoin corrects earlier (around $120K–$130K), upside potential may be limited. But if it holds until $150K–$160K, a much higher peak is possible.
When Could the Bear Market Start?
MasterAnanda predicts:
✅ Bull run extends until November 2025 (6 more months of gains).
⚠️ Market top likely in late 2025, followed by a downturn.
*”We are still in May (month #5), and the minimum growth we can expect is until November (month #11). Six months of straight-up movement is a very long time.”*
Bitcoin’s Potential Peak: $200,000+?
Another analyst, Thescalpingpro, suggests BTC could hit $207,701 based on:
📊 Fibonacci extension levels (historically accurate in past cycles).
🔍 Key resistance at $154,522 (2.618 Fib level).
🚀 Final peak at $207,701 (3.618 Fib level).
Bitcoin Price Analysis: Where’s BTC Now?
Current price: $104,665 (testing $105,000 resistance).
Previous ATH: Nearly $110,000.
RSI at 67 (approaching overbought territory).
📌 Bullish signs remain, but traders should watch for overbought signals and potential pullbacks.
Final Verdict: How Long Will the Bull Run Last?
Best-case scenario: Bitcoin surges past $150K, peaks near $200K+, then corrects in late 2025.
Worst-case scenario: Resistance at $120K–$130K triggers an early correction, limiting gains.