Key Highlights: Applying the multi-cycle average drawdown of 14.39% to the Oct. 5 high places a key reference level around $74,500 in the event of extended market pullbacks. Bitcoin’s latest cycle (2022–2025) reflects moderating volatility, with average pullbacks easing to 7.58% compared to steep corrections seen in earlier eras. On-chain metrics point to strong recovery ...
Key Highlights: Peter Brandt believes Bitcoin may have already entered a new bull market cycle. Brandt warned that Bitcoin could still correct to $65,000–$66,000 in early October. He raised his Bitcoin peak forecast to between $300,000 and $600,000 by late 2029. Peter Brandt Sees Signs of a New Bitcoin Bull Market Veteran trader Peter Brandt ...
Key Highlights: BIT Research says Bitcoin’s cycle bottom arrived in late July after the price held above $62,900 and moved above its 21-week moving average. The company estimates Bitcoin’s fair value at approximately $105,000 and identifies about $142,000 as a baseline level for the current cycle. Based on historical-cycle models, BIT Research projects a possible ...
Key Highlights CryptoQuant said Bitcoin entered a bull market after moving above its 365-day moving average. Short-term Bitcoin holders are sitting on average unrealized gains of about 33%, increasing the risk of profit-taking. CryptoQuant identified potential support near $80,000, $71,000 and $67,000 if a correction develops. Bitcoin Rally Faces Rising Profit-Taking Risk Bitcoin’s recent surge ...
Bitfinex has highlighted Bitcoin’s rising price correlation with gold as the market’s debasement trade narrative evolves. Analysts say Bitcoin is increasingly behaving like digital gold…