Analyst: Bitcoin has found a bottom around $60,000 — we expect growth towards 2030
The digital asset market is once again attracting the attention of institutional players. Against the backdrop of Bitcoin's recent correction to around $60,000, signals are emerging that this level could become a local "bottom." Analyzing the current dynamics, I conclude that the psychological support in the $60,000 zone indeed appears robust, although there can be no complete certainty that further declines will not occur.
The key factor I consider is the long-term strategy of the largest holders. They are not only refraining from locking in losses but are also increasing their positions, viewing Bitcoin as "new digital gold." It is this approach that allows us to say that the asset retains its status as a safe-haven instrument amid macroeconomic uncertainty.
Cyclical Analysis and Forecasts
I am paying attention to the historical four-year halving cycle. According to my calculations, each subsequent reduction in miner rewards led to a significant price increase within 12–18 months after the event. If this pattern holds, we could see substantially higher price levels by 2030, far beyond current values.
The current situation reminds me of market behavior in 2020, when a correction to $30,000 was followed by a powerful surge to new all-time highs. Many doubted it then, but fundamental factors—institutional demand and limited supply—confirmed my correctness. Now I see similar patterns.
My expert opinion: Despite short-term volatility, Bitcoin retains growth potential. Investors should focus on the long-term perspective rather than daily fluctuations. The $60,000 level is not just a number but an important psychological threshold that could serve as a starting point for a new bull cycle.