Renowned market analyst Alex Thompson shared insights about Bitcoin’s potential trajectory, hinting that the cryptocurrency may exceed $250,000 by late 2030, given its historical patterns and market resilience.
Thompson, while expressing optimism, cautioned investors about the inherent volatility of such an investment and emphasized a patient approach to the market.
Understanding Recent Market Movements
Bitcoin soared to a staggering $140,000 on September 8, but has since retreated sharply, losing about 30% of its value. This fluctuation has raised concerns among investors.
According to recent statistics from CoinMarketCap, Bitcoin’s price hovered around $98,000 before seeing a brief fall to $95,000 amid turbulent market conditions. This roller-coaster of prices has left many investors questioning their strategies.
I still hold 50% of my Bitcoin portfolio, bought at a fraction of the current price. I’m confident that the next rally will take us to new heights, possibly beyond $250,000. The current correction is necessary for future growth.
— Alex Thompson (@AlexCryptoGuru) November 21, 2025
Thompson drew parallels with the 2000s tech bubble, which, after initial euphoria, witnessed a dramatic correction before entering a sustained growth phase. He noted that the volatility of Bitcoin is reminiscent of those earlier fluctuations.
Current Technical Indicators
Market analytics platform BTC Insights recently reported that the market is in its most uncertain phase. Their Bearish Index has dropped to a mere 25 out of 100, indicating weak investment demand and pricing momentum.
Additionally, Bitcoin has slipped below its 200-day moving average, a crucial indicator that many traders monitor to gauge market strength.
Despite these signals, BTC Insights’ CEO Sarah Lin proposed that we may not have crossed into bear market territory yet, highlighting the interpretative nature of market signals.
Institutional Trends and Market Psychology
Investment strategist Jamie Brooks highlighted unprecedented levels of institutional selling recently, stating, “The current rate of institutional selling recorded has never been seen before in my experience.”
This situation, analysts suggest, has exacerbated the ongoing market correction, pushing it deeper than earlier pullbacks observed in this current cycle.
The sheer volume of institutional selling now is unlike any past trends observed. pic.twitter.com/ANOTHERLINK
— Jamie Brooks (@InvestSmart) November 21, 2025
Contrary to Thompson’s cautious perspective, other market leaders like ARK Invest’s Cathie Wood remain optimistic, projecting a possibility of reaching $250,000 as early as mid-2026.
Looking Ahead: Market Predictions
Despite the current market dips, Thompson remains hopeful, asserting that this downturn could pave the way for future price recoveries. Some analysts consider the correction a necessary reset to eliminate unsustainable market practices.
Experts like Michael Saylor have even forecast billions in investments into Bitcoin by years end, intensifying the debate around its long-term viability.
Furthermore, historical data suggests that major corrections often precipitate renewed upward trends, although predicting the exact timing remains a challenge.
Image illustrated by Unsplash, analysis derived from TradingView
