Bitcoin (BTC) Price Performance. The Pi Cycle Indicator:2 simple moving averages, 1 uncanny record for calling Bitcoin cycle tops. Bitcoin Price Prediction. If the parallel holds, the analyst argued, a $200,000 price target could be realistic within the current cycle. Despite these signals, attorney and Bitcoin proponent Joe Carlasare contends a $200,000 year-end price is ‘very unlikely.’ He outlined several factors to support his argument.