A closely watched crypto trader believes Bitcoin (BTC) will reach its cycle peak well before people’s expectations.
Pseudonymous trader The Flow Horse tells Bitcoin’s market peak this cycle could occur as early as the first quarter of 2025, according to its 247,900 followers on social media platform X.
“I don’t care what anyone else says. We are much closer to the end ‘for a while’ than people want to admit. I would say within the first quarter. After big price moves, the chatter often shifts to even bigger moves – multiples of the current price. Ironically, that’s usually a strong signal that we’re approaching the peak. And it is just one of many indicators pointing in that direction.”
He too predicts that alts will explode and outperform Bitcoin in the first to second quarter of 2025, capping the current crypto bull cycle.
“As mentioned earlier, Bitcoin has already won. This seems a little more applicable to alts. I think Bitcoin is at the top, we get a nice big rotation to alts, and then we’re done. Within one to two quarters seems more reasonable for all of this.”
However, other crypto analysts have a very different opinion.
Crypto trader Michaël van de Poppe tells are 748,400 followers that Bitcoin has much more room for the upside based on a decreasing supply on crypto exchanges and increasing market liquidity.
“This is a huge difference from previous cycles. The amount of BTC on exchanges has decreased significantly and continues to decrease. There is a threat of a supply shock with a large amount of liquidity being added. This cycle we are going much higher than we all expect.”
Rekt Capital tells its 507,400 followers on social media platform Bitcoin’s most recent halving took place in mid-April.
“In the 2015-2017 cycle, Bitcoin peaked 518 days after the halving. In the 2019-2021 cycle, Bitcoin peaked 546 days after the halving. If history repeats itself and the next bull market peak occurs 518-546 days after the halving, that would mean that Bitcoin could peak in mid-September or mid-October 2025 in this cycle.”
Bitcoin is trading at $99,741 at the time of writing.
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Generated image: Midjourney