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Reading: Countdown for Bitcoin has Begun! Date Given for Peak Forecast!
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EdaFace Newsfeed > Latest News > Bitcoin and BTC > Countdown for Bitcoin has Begun! Date Given for Peak Forecast!
Bitcoin and BTC

Countdown for Bitcoin has Begun! Date Given for Peak Forecast!

vitalclick
Last updated: December 8, 2024 5:10 pm
3 months ago
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New predictions that attract attention in the crypto market, Bitcoin $99,040.9It suggests that it could reach its peak in the current bull cycle in the first quarter of 2025. This claim came to the fore with the statements made by crypto analyst The Flow Horse on the social media platform X. The analyst stated that the price movements are a sign that the peak is approaching. “I don’t care what else he says. The ‘end for a while’ is looming much closer than people would like to admit. “I can say it will arrive within the first quarter,” he said.

Bitcoin Peak Predictions VaryAltcoins May Stand Out After the Peak

Bitcoin Peak Predictions Vary

Different crypto analysts offer different opinions on Bitcoin’s price movements. Famous analyst Michaël van de Poppe thinks that Bitcoin may exceed forecasts due to decreasing supply and increased market liquidity.

“What makes this cycle unique is that the amount of BTC on exchanges has decreased significantly. Supply shock is imminent and market liquidity is increasing. “Bitcoin will reach much higher levels than anyone expected,” he says.

Rekt Capital, on the other hand, offers a more specific time frame regarding Bitcoin’s peak date. Based on data from Bitcoin’s previous halving cycles, he predicts that it could reach its peak in September or October 2025.

“In the 2015-2017 cycle, the peak was reached 518 days after the halving. In the 2019-2021 cycle, this process took 546 days. “If history repeats itself, the next peak could be between 518-546 days,” he said.

Altcoins May Stand Out After the Peak

While the Bitcoin price moves around $99,741, experts suggest different strategies for the future mobility of the market. The Flow Horse states that the altcoin market will be active after Bitcoin reaches its peak.

“After Bitcoin’s top, altcoins will come to the fore and the bull cycle will end in altcoins,” he added.

The dynamic structure of the crypto market causes experts to make different predictions. Investors need to analyze market dynamics well when making decisions based on these predictions. Bitcoin’s upcoming peak, along with potential activity in the altcoin market, may open the door to new strategies in the cryptocurrency world.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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