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$375,000 Bitcoin? Market Veteran Says It’s Closer Than You Think
Matthew Mežinskis, an analyst, believes Bitcoin's current upside potential exceeds most models, referencing a long-standing "power trend." He argues that Bitcoin's price action is tracking this trend, suggesting a two-to-three-times move by year-end is possible. This could place Bitcoin in the $250,000 to $375,000 range. His analysis centers on percentile bands around this trend, noting that historically, Bitcoin easily surpasses the 80th percentile during booms. He defines the 80th percentile as 1.3 times the trend and the 90th as 2 times the trend. Mežinskis' model predicts a trend value of $125,000 by the end of 2025, setting the 80th percentile at $170,000 and the 90th at $250,000. He states that failing to reach $170,000 by early next year would cause him to reconsider the four-year cycle theory, but it remains un-invalidated. The analyst emphasizes that reaching the 90th percentile band mechanically implies a $250,000 price, while mid-90th percentile levels could push it to $375,000. He also cautions about the risks of leverage and potential cascading liquidations for Bitcoin treasury companies. For Mežinskis, a move above $170,000 will validate the four-year cycle, with $250,000 to $375,000 being the expected range. He believes the power trend framework has proven more durable than previous models.
