The price of bitcoin has been fluctuating between these levels since its ascent above $109,000, and a recent drop below $93,000.
Copper.co has taken a slightly different approach to price prediction.
Crypto custody firms used a combination of technical indicators, such as the Relative Strength Index (RSI), historical returns and volatility clustering to predict possible BTC prices.
“Our main goal was not to pinpoint a specific final peak for bitcoin, but instead to identify price points at which traders might consider the market to be overextended,” Copper.co’s research director Fadi Aboulfa made a public statement.
Model of the firm “concern levels” BTC will fluctuate between $140,000-$200,000 by 2025. Simulations with high accuracy up to 91%, similar to last year’s more calm volatility profile, indicated a potential break near $165,000 for June.
“To clarify, these are not levels bitcoin will necessarily reach, but if it does, the market might be suggesting a potential peak,” The study provides an explanation.
Bitcoin’s 30-day rolling volatility is described as declining in the report. “often-overlooked factor” — noting that low volatility allows a longer, smoother price climb. Simulations showed that any dip in BTC prices is expected to be brief.
The report cautions that external factors can certainly negate targets.
“If bitcoin hits some of these upper limit projections and the next day the US does indeed announce a strategic reserve, are you shorting?” It poses. “Unlikely.”
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