The post Crypto Market Analysis: Here’s When Traders Can Expect Bitcoin Price ATH and Bull Market Peak appeared first on Coinpedia Fintech News
In a recent tweet, Crypto Analyst LadyofCrypto1 shared a compelling insight suggesting that Bitcoin may rewrite its history by reaching an all-time high (ATH) in Q4 2024, with the bull market reaching its peak in Q4 2025.
Meanwhile, her prediction is grounded in a detailed analysis of crypto market cycles, emphasizing the importance of recognizing historical patterns that tend to repeat themselves.
Analyzing Crypto Cycles
Time is a Flat Circle
Crypto cycles have played out in largely the same way since this whole thing started.Every time we like to say "This time is different", but those are the most dangerous four words in investing.
Each cycle can be split into three parts…
2/12
— Lady of Crypto (@LadyofCrypto1) November 6, 2023
The core of this prediction lies in understanding the cyclical nature of the cryptocurrency market. As the famous saying goes, “Time is a flat circle,” and it seems this concept resonates within the crypto world.
While it’s tempting to think that each crypto cycle will break away from the past, historical patterns persist for a reason.
Two of the most recent cycles, especially, exhibit significant similarities. In 2015 and 2019, it took 32 and 29 months, respectively, from the bull market peak to the halving event.
Bitcoin Halving On the Verge
Now, as we approach the next halving in April 2024, a fascinating correlation emerges. The interval between Bitcoin’s previous ATH and the upcoming halving event is 29 months. This uncanny resemblance suggests that the current cycle is mirroring the previous one.
Adding another layer to this pattern, it’s intriguing to note that the peak-to-trough period in the 2018 bear market lasted 12 months. In the ongoing bear market, the decline also spans 12 months.
The Playbook for the Future
However, based on these observations, LadyofCrypto1 outlines a promising thesis for Bitcoin’s trajectory:
Nov 2023 – Apr 2024: This phase is expected to remain generally bullish until the halving, with perhaps a slight retracement. However, substantial setbacks are not anticipated.
Apr 2024 to Nov 2024: Following the halving event, a more consistent bullish trend is predicted. Within 6-8 months, the ATH is anticipated to be broken.
Nov 2024 to Oct 2025: In this phase, Bitcoin’s ATH is projected to be shattered, and the true bull run begins. Altcoins are expected to surge, reaching their peak in late 2025.
LadyofCrypto1 wisely reminds fellow investors not to become overly attached to any thesis. Adaptability is critical, and the crypto market is known for its unpredictability. Market conditions can change, and various factors, including potential Bitcoin ETF approvals or broader economic conditions can influence Bitcoin’s evolution.
Remaining flexible and open to shifting market dynamics is essential for success in the crypto space.
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