According to The DailyHodl, Benjamin Cowen, a well-known cryptocurrency analyst, said that Bitcoin is likely to experience "a pretty decent rally" by the end of 2025, and based on historical precedent, as long as the price of this bitcoin persists at or above the bull market support zone, Bitcoin may reach the top of the cycle in November or December.
The bull support band is a technical indicator composed of Bitcoin's 20-week simple moving average (SMA) and 21-week exponential moving average (EMA).
"If [bitcoin] can hold the bull support band, then it is possible to have a pretty decent rally in the fourth quarter of this year, thus ending the current market cycle - the time period where the tops of all previous market cycles have been... November 2013, December 2017, November 2021. Assuming bitcoin can hold the bull support band, then there will be an eventual rally, rushing to the top of the market cycle.
Analyst: Bitcoin Could Reach Cycle Top in November or December
2025-09-04 07:43:53
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