Crypto analyst: “The Bitcoin cycle ends in 30 days”
- When will this Bitcoin cycle end? One analyst claims to have found an answer.
- According to this, Bitcoin is currently 528 days after the last halving. “Analyzing the history of previous cycles, we observe a slight deviation in the number of days between the halving and the respective all-time highs: 371 days in 2012, approximately 525 days in 2016, and 546 days in 2020,” writes Joao Wedson on X.
- He continued: “This lengthening trend suggests that we are entering the final phase of the current cycle.” Currently, Wedson expects the cycle top to occur on October 19 of this year.
- If the cycle lengthens again, a top on November 1 is also possible.
- In fact, October and November are statistically the strongest months for Bitcoin. Whether the cycle top will be reached then cannot be reliably predicted at this time.
- Currently, indicators like the MVRV are far from indicating overheating. According to macro analysts like Raoul Pal, the cycle could extend into 2026.
- If you want to exit at the top, you should keep an eye on the fees. Bitpanda Fusion charges a very low trading fee.
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Sources
- Post by Joao Wedson