NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Bitcoin Expected To Peak Soon? Analyst Forecasts Timeline, Here’s When

Godspower Owie
Godspower Owie
1 year ago
3 mins read
Bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

As the cryptocurrency market continues to witness heightened optimism and confidence from investors, Crypto Con, a popular crypto analyst, and enthusiast has predicted the timeline for Bitcoin to reach its peak in the ongoing bull cycle, based on past BTC runs and their cumulative peaks.

Bitcoin Peak To Happen Less Than A Year

By analyzing historical data, Crypto Con has identified trends that might pinpoint the time the largest cryptocurrency asset by market reaches its highest point in this cycle. According to the expert, the Stochastic Momentum Index (SMI) Ergodic Indicator shows that Bitcoin is exactly where it should be in the current bull cycle. 

Related Reading

Bitcoin

Historical Trends Unveil Bitcoin Peak Timing in Current Bull Cycle

1 year ago

At this point, Crypto Con believes there is still a lot of room for growth in the upcoming days. Thus, BTC’s current position, which is around a year from cycle peaks, places this cycle’s peak between January and February of 2025. However, December 2024 remains the analyst’s focus, which, at the current rate, is expected to be the cycle’s top month.

Bitcoin
BTC to top out in January – February 2025 | Source: Crypto Con on X

Crypto Con further hinted at the recent recovery from a perfectly healthy correction observed in the crypto market as a potential catalyst to drive the price of Bitcoin higher.

The post read:

The SMI tells us that Bitcoin is right where it should be in the cycle, with much more room for growth. Our current position lines up at about 1 year from cycle tops, which would make this cycle’s top in Jan – Feb 2025. My eye is still on December 2024, a likely cycle top month at our current rate.

Given that the analyst previously predicted BTC to reach $149,000 by the end of the year, it could mean the expert expects the asset to top out at the level by December. “Bitcoin is still on track for a layer 7 price target of $149,000 by the end of this year,” he stated.

Crypto Con’s prediction is in line with the most precise measurements for Log Regression Curves and the cycle tops in 2021. By then, the more cautious layer 6, which is the layer that denoted the 2013 cycle top, aims to reach the $108,000 level.

During the prediction, the expert highlighted a price consolidation, which is a new development in this cycle. However, as volatility decreases, this consolidation is accurate.

Determining BTC’s Peak Through Fibonacci Extension

Crypto Con has also utilized the Fibonacci Extensions to determine the Bitcoin price peak this cycle. According to cycle retraces highlighted in his chart, the first two cycles approached the 2.618 extension quite closely, while the last struck the 1.618 extension.

Related Reading

Bitcoin price

Economist Foresees $115,000 Bitcoin Peak, Followed By Largest Crash Since 1929

1 year ago

On the possibility that the 1.618 point will repeat itself this cycle, BTC’s price will be at $159,128. “This is one of the many perspectives to be balanced in the basket of possibilities, and I would consider this estimate to be on the optimistic for this cycle,” he added.

At the time of writing, Bitcoin is slowly gaining momentum toward $70,000, indicating a 5% increase in the past week. Its market cap is down by 0.25%, while its trading volume is down by 12% in the past 24 hours.

Bitcoin
BTC trading at $69,777 on the 1D chart | Source: BTCUSDT on Tradingview.com
Featured image from iStock, chart from Tradingview.com
Tweet123Share196ShareSend
Godspower Owie
Godspower Owie

Godspower Owie

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life.

Read more

My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world.

I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments.

When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency.

Trust me, I’ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that’s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets.

My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies.

Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people - people who make an impact in my life no matter how little it is.

One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I'm so good at it. I am also very good at singing, dancing, acting, fashion and others.

I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone's life. I don't chase illusions, I chase dreams.

I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I’m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top.

I aspire to be a boss someday, having people work under me just as I’ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin price news

Stealth Bitcoin Bull Run Ahead: Fidelity Says Do Not Blink

Fidelity Digital Assets chose a single post on X to frame its latest research note: “Bitcoin is up ~63 %...

Jake Simmons 3 hours ago
Bitcoin

Bitcoin Extreme Greed Is Here—Time To Be A Contrarian?

Data shows the Bitcoin market sentiment has broken into the extreme greed territory following the cryptocurrency’s new high above $111,000....

Keshav Verma 4 hours ago
bitcoin

Bitcoin Buyers Regain Control – Spot CVD Flashes Bullish Shift Above $110,000

As Bitcoin (BTC) hit a new all-time high (ATH) of $111,980 on Binance crypto exchange yesterday, technical data suggests that...

Ash Tiwari 7 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

XRP futures ETF en golden cross - kan Ripple 100 euro worden na deze breakout?

XRP futures ETF en golden cross – kan Ripple 100 euro worden na deze breakout?

Lars Diederiksen 52 minutes ago
Litecoin, Aptos, Polkadot, SUI, chainlink, Stellar

Litecoin Monthly Close Above Key Resistance Could Ignite 30% Rally – Is A Breakout Coming?

Rubmar Garcia 52 minutes ago
XRP

Buy XRP Before It Explodes To $1,000, Market Expert Says

Christian Encila 2 hours ago

Premium Sponsors

Top Brands

Press Releases

  • 2025 Discover the Secrets of XRP Passive Income: How to...

    5 hours ago
  • As XRP futures face market uncertainty, investors turn to...

    8 hours ago
  • Ethereum price surges, a whale increases holdings and earns...

    12 hours ago
  • How can global XRP, BTC, and DOGE holders turn their idle...

    15 hours ago
  • How to earn at least $500-51720 a day with cryptocurrencies...

    17 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.