Bitcoin is becoming increasingly unattainable for the average investor, raising questions about whether the current bull market can sustain its momentum beyond the traditional four-year cycle.
Crypto Market Intelligence Company 10x Research suggested Bitcoin (BTC) is becoming too expensive for long-term retail buying, a development that could jeopardize the predicted expansion of the current bull market cycle.
Despite many calls for an extended market cycle, drawing conclusions from the four previous market cycles is “highly questionable,” according to 10X.
“Bitcoin is suffering from diminishing returns,” the company stated on a Tuesday reportadding:
“While many view this as a natural sign of maturity, it raises deeper questions about the validity of the so-called bitcoin cycle theory.”
Considering that Bitcoin only A 16-year-old property, drawing “firm statistical conclusions” from this short period of time is “highly questionable,” added 10x Research.
Related: Arthur Hayes calls for $1m Bitcoin as New Japan PM orders economic stimulus
Bitcoin may see $125,000 cycle top, despite stock-to-flow model forecast of $1 million BTC
Despite many forecasting models, such as famous stock-to-flow The model, which has been widely cited as predicting a Bitcoin surge to $1 million, the 10x Research method is expecting a cycle top of $125,000 for the end of the year.
The firm used a similar method to correctly estimate the bottom of the bear market that occurred in October 2022.
Related: Crypto Treasury Siphons $800B from altcoins, and it could be ‘forever’
10X’s price target is modest compared to predictions from other industry insiders.
Standard Chartered’s Global Head of Digital Assets Research, Geoff Kendrick, predicted a bitcoin price of $200,000 for end of 2025, as a record $19 billion liquidation event It could be a buying opportunity for investors, he told Cointelegraph during the 2025 European Blockchain Convention in Barcelona.
In a February interview, Kendrick predicted that Bitcoin can move forward At $500,000 by the time Trump finishes his second term in 2028, Cointelegraph reported.
The industry’s most successful entrepreneur, tracked as “smart money“Traders on Nansen’s blockchain platform, are also looking for increased exposure to bitcoin.
Binance-Native Bitcoin (BTCB) was the 11th most performed token by smart money traders on Tuesday, following some more speculative memecoin holdings like the pump.fun (pump) token and the pepe (Pepe) memecoin, data from Nansen shows.
https://www.youtube.com/watch?v=kwdsrgnhruo
Magazine: Bitcoin to see ‘another big thrust’ to $150k, ETH pressure builds
