Bitcoin Nears Its Market Top or Has It Already Happened? Analysis

The world's largest cryptocurrency, the Bitcoin , has surpassed the $100 mark several times in recent weeks, reaching a new all-time high of $103. But this euphoria raises a crucial question: Are we already at the top of the market? Historical analysis has suggested a possible peak in 2025.

Cryptocurrency analyst Ali Martinez believes that we can get a clue about Bitcoin’s future by analyzing previous market cycles. According to him, by looking at the 2015 and 2018 cycles, it is possible to identify a pattern that suggests the next market peak could occur in October 2025.

This theory is based on the idea that Bitcoin bull cycles tend to repeat themselves with some regularity. If this pattern is confirmed, we could be witnessing just the beginning of a long bull run, with Bitcoin reaching new highs in the coming months. However, the expert also pointed out that if the largest cryptocurrency mirrors the 2011 cycle, the BTC market top would have already happened.

“If Bitcoin follows the patterns of the 2015 and 2018 cycles, the next market top could occur in October 2025. But if BTC mirrors the 2011 cycle, the market top has already occurred!” wrote .

O Bitcoin price today 14/12/2024 is showing a significant rise that made the asset return to trading above US$ 101 thousand. Yesterday the asset reached a peak when trading at US$ 102.628, but did not sustain its upward movement and retracted to the current level. At the time of publication, the price of BTC was quoted at US$ 101.459 with an increase of 0.2% in the last 24 hours.

Bitcoin in 2025: Bitwise Prediction

The cryptocurrency market is about to experience a year of major transformations, according to Bitwise Investments. The digital asset manager has just released its ambitious predictions for Bitcoin in 2025 . In a recently released report, Bitwise highlighted the potential rise of the asset, with Bitcoin reaching an impressive $200.

The world’s leading cryptocurrency, Bitcoin, is set to reach a historic $200 by 2025, according to Bitwise. This growth would be driven by a number of factors, including growing institutional adoption, global inflation and scarcity of the asset. In addition, the firm predicts that more countries will follow El Salvador’s lead and include Bitcoin in their reserves, further strengthening its position as a store of value.

“Record inflows into bitcoin ETFs have sent bitcoin to new all-time highs in 2024. We don’t see this slowing down any time soon. Combine this demand with reduced new supply thanks to the April 2024 halving, plus new corporate and government purchases and… well, we’ve seen this play out before,” he wrote.

The company's analysts added that if the US government follows through with proposals to establish a strategic reserve of 1 million bitcoin, the expected US$200 becomes US$500 or more.