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Cryptocurrency News Articles

Bitcoin (BTC) May Hit Its Next Cycle Peak Between September and October 2025, Analyst Predicts

Dec 28, 2024 at 02:00 pm

According to the pseudonymous trader Inmortal, Bitcoin typically takes about 1,064 days to rise from a cycle low to its peak.

Bitcoin (BTC) May Hit Its Next Cycle Peak Between September and October 2025, Analyst Predicts

Pseudonymous crypto analyst Inmortal has shared some interesting observations on when Bitcoin (BTC) might hit its next cycle peak.

According to Inmortal, Bitcoin tends to take around 1,064 days on average to rise from a cycle low to its peak. Moreover, the time between one cycle's top and the next also averages 1,400 days.

Using this pattern, Inmortal predicts that BTC could reach its peak between September and October 2025. The analyst highlights November 2022, when Bitcoin dropped to around $15,500, as the likely bottom for this cycle.

Shifting focus to Ethereum (ETH), Inmortal suggests that the asset has likely established a strong support level around $3,000, making a drop below that price unlikely.

Instead, Ethereum might continue to oscillate within a range of $3,000 to $3,500 as it consolidates.

The daily chart shared by the analyst shows a transition where $3,000 has changed from a resistance level to a stable support zone.

Original source:cryptodnes

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