Crypto analyst Aralez has revealed that Bitcoin is entering an accumulation zone that could push it to a new all-time high (ATH). The analyst indicated that BTC could rise as high as $250,000 in the coming years next bull market.
Analyst Reveals Bitcoin Entering a Major Accumulation Zone
In one X messageAralez stated that Bitcoin is near a major accumulation zone, with BTC following a similar script to previous bear market cycles. He noted that the leading cryptocurrencies saw losses of 87%, 84% and 77.5% respectively from the cycle highs in 2013, 2017 and 2021. Now Bitcoin is down about 42% from its value October 2025 high of $126,000.
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The analyst’s accompanying chart showed that Bitcoin could bottom at around $40,000 in this bear market before rising to a new all-time high in the next bull run. The bottoming out is expected to occur between now and early next year. Meanwhile, the chart also showed that BTC could rise as high as $250,000 by 2029.
Aralez’s analysis comes amid Bitcoin’s recent decline, with the leading cryptocurrency falling below $71,000 and now at risk of falling below the psychological level of $70,000. The final drop came as Michael Saylor’s strategy announced that they sold 32 BTC. This was the first time the largest Bitcoin treasury company sold BTC since 2022, when it was sold in a tax-loss harvesting transaction.
At the same time, a US-Iran peace deal seems unlikely in the near term, which is also bearish for Bitcoin. Iran had suspended negotiations with the US over ceasefire violations, causing BTC to fall below $71,000. The leading cryptocurrency also failed to record any significant rebound even as US President Donald Trump said negotiations were still ongoing.
BTC breaks the 4-month ascending channel
In another X messageAralez revealed that Bitcoin had just broken a four-month rising channel and lost a key support after testing the $70,000 zone. The analyst then outlined what he expects next BTC price actionwith acceptance below $73,000 and then a liquidity move around $70,000.
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The analyst further stated that a relief could follow, with a retest near $74,000, and then a move down towards $65,000, $60,000 and finally $58,000. He also warned that a mini-rally is likely over and that the broader trend is still pointing in that direction new local lows. Aralez added that there may be a near-term recovery, but expecting another boost above $83,000 could be costly.
At the time of writing, the Bitcoin price is trading around $70,500, down more than 3%, according to facts from CoinMarketCap.
Featured image from Pixabay, chart from Tradingview.com