Bitcoin's bull run won't wait for hesitant investors—here's when the sub-$120K door slams shut.
The countdown to FOMO
One analyst's crystal ball shows a narrowing timeline for entry-level positions. Miss this, and you'll be stuck explaining to your grandkids why you didn't 'just buy the dip.'
Wall Street's worst-kept secret
While traditional finance scrambles to tokenize paperclips, Bitcoin keeps printing generational wealth opportunities. The irony? Most bankers still think it's 'just for drug dealers.'

For instance, after the 2012 halving, Bitcoin’s price jumped from around $14 to more than $1,000. Similarly, after the 2016 halving, it surged from $600 to nearly $20,000 by the end of 2017. The halving in 2020 saw Bitcoin reaching over $67,000 by late 2021.
Projected
Bitcoin price Ranges
Meanwhile, the current period following the 2024 halving (H4) shows that Bitcoin is moving toward higher price levels.
The chart also includes colored regression bands, which represent different price zones. These bands reflect Bitcoin’s price movement within certain ranges, with the lower bands typically representing undervalued periods and the upper bands representing overvalued periods.
Bitcoin has historically moved between these bands, often reverting to the mean, making these bands useful in predicting future price behavior.
According to the projection, by 2029, Bitcoin’s price will likely range between $122,372 and $509,090, marking a significant increase from its current levels. Notably, Bitcoin would need to surge by approximately 14.4% from the current price of $106,952 to reach $122,372.
The analyst also notes that it will only be possible to buy Bitcoin below $120,000 until the end of 2028 and never after. This means before then, Bitcoin's price is still likely to be within the lower part of the regression band, and could later surge to historical post-halving ranges.
When asked about Bitcoin’s price until the end of 2027, Leo Heart stated that the current price levels could persist until the fall of 2028. Regarding the end of 2025, he predicts Bitcoin’s price to range between $137,000 and $165,000.
Analyst Expectations for Bitcoin's Price in 2025
Alongside Heart’s long-term projections, crypto asset manager Bitwise remains optimistic about Bitcoin's near-term prospects. On June 30, Bitwise executives Ryan Rasmussen and Matt Hougan and reaffirmed their projection that Bitcoin will reach $200,000 in the next six months.
They attribute this optimism to rising institutional demand for Bitcoin, recent progress in U.S. crypto legislation, and growing interest in stablecoins. These factors are expected to drive significant price action, according to Bitwise's analysts.