Bitcoin Bull Run Approaches Its Peak: Cycle Completion at 95%
Bitcoin (BTC) has recently soared past the $112,000 mark, indicating a potential new uptrend for the leading cryptocurrency. This movement could signify the final phase of the current cycle for Bitcoin and the broader cryptocurrency market.
Key Points
- Bitcoin is currently 95% through its cycle, which has lasted 1,017 days.
- Historically, Bitcoin bull markets peak between 1,060 and 1,100 days post significant lows.
- The target timeframe for this cycle's peak could fall between October and November 2025.
- The market has entered a “hot zone,” characterized by increased volatility and potential price movements.
- Critical support levels are at $95,900, with resistance between $113,000 and $114,100.