Sina, a seasoned market analyst, has unveiled a groundbreaking price action model that predicts Bitcoin will reach an astonishing $285,000 per coin by the end of the bull run. In a tweet, Sina used the quantile regression model to determine Bitcoin’s probable price range and identified three distinct zones.
Sina referred to these zones as the cold, warm, and hot zones. In the cold zone, which represents the 33% quantile range, Sina projected that Bitcoin would trade between $55,000 and $85,000. Interestingly, Bitcoin’s current price falls within this range, as it currently sits at $67,620.
Over the past few weeks, Bitcoin has experienced a surge in bullish momentum, reaching a four-month high above $69,000 on Monday. However, Sina believes that this price range will be one of the lowest for Bitcoin next year and advises aggressive accumulation during the cold zone.
Moving on to the warm zone, which falls between the 33% and 66% quantile range, Sina expects Bitcoin to trade between $85,000 and $136,000. He anticipates rapid price surges during this phase, which will attract the attention of retailers. Sina recommends mild Bitcoin accumulation, specifically through dollar-cost averaging (DCA), during the warm zone.
Finally, in the hot zone, above the 66% quantile, Sina predicts that Bitcoin will trade between $136,000 and $285,000. This phase is characterized by high volumes and volatile swings. Sina advises caution during this period and suggests reducing purchasing appetite based on the investor’s risk level.
It’s important to note that Sina believes the hot zone is not the peak for Bitcoin in 2025. He asserts that the cryptocurrency will reach its peak at the 90th-99th quantile, indicating the possibility of further upsides above the $285,000 mark.
Sina’s quantile regression model aligns with the ambitious price speculations of other analysts. Michael van de Poppe, for example, predicts that Bitcoin will test the $300,000 to $350,000 levels, citing increased whale activity.
In the short term, Bitcoin experienced a slight downward trend during a correction window on Tuesday. The asset is currently down by almost 2% in the past 24 hours but remains above $67,000. Data from IntoTheBlock reveals that Bitcoin needs to reclaim the $68,500 price level, with over 320,000 addresses showing strong support near its previous all-time high of $69,000.
However, Dr. Martin Hiesboeck, the research head at Uphold, believes that Bitcoin may see lower prices due to an overheated market. He suggests that increased leverage, as seen in the record uptick in open interest, could trigger a decline.
It is important to note that this article is for informational purposes only and should not be considered financial advice. The views expressed in this article are solely the author’s opinions and do not reflect those of The Crypto Basic. Readers are encouraged to conduct their own research before making any investment decisions, and The Crypto Basic is not responsible for any financial losses that may occur.
