A widely followed crypto analyst outlines when Bitcoin (BTC) could potentially reach its cycle peak.
Pseudonymous crypto trader Inmortal shares with his 221,700 followers on the social media platform
The analyst says there is an average of 1,400 days between the peak of the previous cycle and the peak of a new cycle.
“If this cycle is similar, TOP will be between September and October 2025.”
Based on the analyst’s chart, it appears that the flagship digital asset hit the bottom of this cycle in November 2022, when it reached a price of around $15,500.
Bitcoin is trading at $95,605 at the time of writing.
As for Ethereum (ETH), Inmortal says the second-largest crypto asset by market cap will likely never fall below $3,000 again. However, Inmortal says Ethereum is likely to continue consolidating in the $3,000-$3,500 zone.
Based on Inmortal’s daily Ethereum chart, it seems to indicate that ETH has turned the level from a resistance zone to a support area around the $3,000 price.
