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Bitcoin Faces 20% Corrections on Path to Record Highs, Analyst Warns

Analyst Jordi Visser expects Bitcoin to face corrections of 20% or more on its way to new all-time highs.

  • Visser compares Bitcoin’s volatility to NVIDIA’s, highlighting similar correction patterns amid strong growth.
  • AI’s expansion may boost Bitcoin as a preferred asset, potentially replacing stocks as a store of value.
  • Bitcoin currently trades at around $110,000, down about 11% from its all-time high above $123,000.
  • Regulatory challenges and lack of a U.S. Bitcoin reserve have lowered some analysts’ expectations for 2025 growth.

Bitcoin will likely continue to see major corrections of 20% or more even as it aims for new all-time highs, according to market analyst Jordi Visser. This pattern may persist in the fourth quarter, a period that often brings positive performance for cryptocurrencies.

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Visser pointed out that Bitcoin is closely tied to growing trends in Artificial Intelligence (AI), comparing its movement to the stock of Nvidia. Nvidia, which produces computer chips, has reached a $4 trillion valuation, making it the most valuable publicly traded company. According to Visser, “Nvidia is up over 1,000% since ChatGPT’s launch… you’ve had five corrections of 20% or more in Nvidia before it went back up to all-time highs. Bitcoin’s going to do the same thing.” A visual analysis on Tradingview shows that both Bitcoin and Nvidia have faced significant corrections despite ongoing bull markets.

Visser believes as AI becomes a bigger part of the economy and replaces traditional jobs, it could reduce the value of classic companies and make stocks less attractive. He says that this change could push more investors toward Bitcoin, calling it the best store of value in a digital world.

Meanwhile, market analysts are watching other assets, such as Gold and stocks, reach new all-time highs. In contrast, Bitcoin’s price remains near $110,000—about 11% below its record of over $123,000. Opinions remain split on whether Bitcoin can break new highs in the fourth quarter, which could push it to about $140,000, or if recent price drops signal a longer downturn that could drag values nearer to $60,000.

Some analysts cite regulatory challenges and the absence of a U.S. Bitcoin strategic reserve, which would involve official market purchases, as factors limiting enthusiasm for sharp price increases in 2025. Previously, forecasts suggested U.S. government purchases could be a major future price driver.

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