Cryptocurrency analyst Mark Moss made striking statements about the future of Bitcoin (BTC).
Moss’s assessment highlights the PI Cycle Top indicator, which has correctly predicted Bitcoin’s cycle tops three times in the past.
Moss noted that the PI Cycle Top indicator, which he said “perfectly” predicted the peaks of 2013, 2017, and 2021, has made a rather unusual prediction this time. According to the analyst, while the majority of the market expects Bitcoin to peak in the last quarter of 2025, the PI Cycle Top indicator puts that date at the first quarter of 2027. The analyst’s estimated potential price level is striking: $395,000.
Referring to the past success of this indicator, Moss said that the new forecast should be taken seriously, adding, “Is the indicator still working accurately, or has it become obsolete? Only time will tell.”
Moss also noted that the market is increasingly racing to accumulate more Bitcoin, with borrowing and BTC purchases through publicly traded companies increasing. In this context, he posed the following question, referring to the founders of XRP:
“While the world is racing to acquire as much BTC as possible, why are XRP founders selling their holdings?”
*This is not investment advice.