Crypto analysts are clashing over when Bitcoin will hit its peak this cycle. One prominent trader believes it’s much closer than most people realize.
A Bearish Prediction
The Flow Horse, a popular crypto trader with a large following on X, predicts Bitcoin (BTC) will peak as early as the first quarter of 2025. He argues that the current hype around even bigger price increases is often a sign that a peak is near. He sees this, along with other indicators, as a strong signal. He also forecasts altcoins outperforming Bitcoin in the first or second quarter of 2025, marking the end of the current bull run. Essentially, he believes Bitcoin’s already had its big win this cycle, and the remaining gains will be seen in altcoins.
Bullish Counterarguments
However, not everyone agrees. Other analysts see much more upside for Bitcoin.
Michaël van de Poppe points to a decreasing supply of Bitcoin on exchanges and increasing market liquidity as reasons for a much higher peak. He believes this cycle will see Bitcoin go far beyond current expectations.
Rekt Capital, another influential analyst, uses past halving events as a guide. Based on the timing of previous peaks after halvings, he suggests Bitcoin could peak around mid-September or mid-October 2025.
The Bottom Line
The timing of Bitcoin’s peak remains uncertain. While some analysts believe we’re nearing the top, others see significant further gains. As always, it’s crucial to do your own research before making any investment decisions. The cryptocurrency market is inherently volatile and risky.
