DOLLAR
2024
2024
JPMORGAN
BTC
The Bitcoin price may enter a prolonged consolidation phase rather than a sharp decline, according to analyst Crypto Tony. The market strategist described the current structure as a broad corrective pattern that could keep BTC trading sideways through much of 2025. Despite remaining below its yearly peak near $126,000, Bitcoin continues attracting attention as macroeconomic uncertainty grows around the US dollar and rising debt levels.
Crypto Tony shared a chart outlining a possible multi-wave corrective structure stretching from late 2024 into late 2025. The analysis suggests the Bitcoin price is likely forming a “bear market counter wave” rather than entering immediate capitulation.
The projected pattern includes several sideways movements marked as waves (a), (b), and (c). According to the analyst, this environment could provide long-term investors with strategic accumulation opportunities before the next major trend emerges.
Market participants continue watching whether Bitcoin can maintain stability above critical support zones while avoiding deeper breakdowns. The broader setup also reflects relative stability across major currency pairs tied to the US dollar and British pound.
The macro backdrop surrounding the Bitcoin price has become increasingly important. Bridgewater Associates founder Ray Dalio recently warned that rising US debt and persistent fiscal deficits could weaken confidence in fiat currencies over time.
Dalio pointed out that the United States currently spends far more than it collects in revenue. He argued that similar conditions throughout history have often led to currency debasement and a decline in purchasing power.
At the same time, JPMorgan analysts believe institutional investors may increasingly rotate from gold into Bitcoin. The bank noted that Bitcoin exchange-traded fund inflows have recently outpaced demand for gold ETFs.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
<p>The post Bitcoin Price May Trade Sideways Through 2025 Says Analyst first appeared on Coin Crypto Newz.</p>