Top Crypto Analyst Says Bitcoin Far Closer to the Cycle Peak Than People Want To Admit – Here’s His Timeline

One well-known crypto trader predicts that Bitcoin (BTC) will reach its peak earlier than expected.

The Flow Horse, a trader with a large following, suggests on X that Bitcoin’s market peak in this cycle could occur as soon as the first quarter of 2025.

“I believe we are much closer to the end than people realize. I predict it will happen within the first quarter of 2025. When discussions shift to even bigger price movements after significant increases, it often signals that we are nearing the peak. This, among other indicators, points in that direction.”

He also forecasts that alternative cryptocurrencies will surge and outperform Bitcoin in the first to second quarter of 2025, marking the end of the current crypto bull cycle.

“While Bitcoin has already proven itself, this trend seems more relevant to altcoins. I anticipate Bitcoin reaching its peak, followed by a major shift towards altcoins. This transition is likely to occur within one to two quarters.”

On the other hand, other analysts have contrasting views.

Crypto trader Michaël van de Poppe informs his followers that Bitcoin still has significant upside potential due to decreasing supply on exchanges and increasing market liquidity.

“A key difference in this cycle is the decreasing amount of BTC on exchanges. This scarcity combined with rising liquidity suggests that Bitcoin will surpass our expectations this cycle.”

Image
Source: Michaël van de Poppe/X

Rekt Capital, another analyst, predicts that Bitcoin may reach its cycle peak in about a year based on historical halving events. The most recent halving occurred in mid-April.

“In previous cycles, Bitcoin peaked around 518-546 days after halving events. If history repeats, we could expect Bitcoin to reach its peak in mid-September or mid-October 2025.”

Bitcoin is currently trading at $99,741.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

Generated Image: Midjourney