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Bitcoin Bull Run Approaches Its Peak: Cycle Completion at 95%

Bitcoin Bull Run Nears Its Cli

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.

In-Depth Analysis

Market analyst CryptoBirb has suggested that this upward trend may last for approximately 50 more days, urging investors to stay alert for potential price fluctuations. Since the last halving event in April 2024, 503 days have passed, and historical data shows price peaks typically occur 518 to 580 days following such events. Bitcoin is currently in a pivotal phase, which the analyst refers to as the