Bitcoin’s Journey to Its Next Peak Could Culminate in 2025
A prominent crypto analyst has shared insights on when Bitcoin (BTC) might hit its next cycle peak.
According to the pseudonymous trader Inmortal, Bitcoin typically takes about 1,064 days to rise from a cycle low to its peak. Additionally, the gap between one cycle’s top and the next averages 1,400 days.
Based on this pattern, Inmortal predicts that Bitcoin could reach its peak between September and October 2025. The analyst highlights November 2022, when Bitcoin dropped to approximately $15,500, as the likely bottom for this cycle.
Turning attention to Ethereum (ETH), Inmortal suggests that the asset has likely established a firm support level around $3,000, making a drop below that price unlikely.
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Analyst Predicts Major Altcoin Surge as Bitcoin Struggles Below $100KInstead, Ethereum may continue fluctuating between $3,000 and $3,500 as it consolidates in this range.
The daily chart shared by the analyst points to a shift where $3,000 has transitioned from a resistance level to a stable support zone.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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