Bitcoin Price Surges Towards New Highs: Will It Break Out?

Recent analysis suggests a potential breakout in the Bitcoin market based on a long-term power law model. While many industry analysts have downgraded their price predictions due to heightened volatility, some experts believe current price action indicates a imminent surge is coming. With Bitcoin hovering near its fair value for the first time since March 2024, traders are closely watching for signs of a potential rally reminiscent of past bullish trends. Experts like Adam Livingston predict Bitcoin could reach over $512,000 by year-end 2025.