Crypto Experts Forecast Bitcoin Market Peak: Bear Market Could Emerge Within 3 Months

Name	Symbol	Market	Market Cap ($)	Algorithm
Solana	SOLUSD	Crypto	95,526,587,939	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Solana

SOLUSD

Crypto

95,526,587,939

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	3.81	1.90%	204.20	204.18	204.20

Price Change

Price Change %

Current Price

Bid Price

Offer

3.81

1.90%

204.20

204.18

204.20

High Price	Low Price	Open Price	Prev. Close	52 Week Range
206.00	195.95	201.38	200.39	98.46 - 295.00

High Price

Low Price

Open Price

Prev. Close

52 Week Range

206.00

195.95

201.38

200.39

98.46 - 295.00

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	13:34:52	0.053098	204.20	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

13:34:52

0.053098

204.20

USD

Price x Volume	Volume	Base Symbol	Related Pairs
93,961,609.63	464,203.29	SOL	SOLEUR	SOLGBP	SOLBTC

Price x Volume

Volume

Base Symbol

Related Pairs

93,961,609.63

464,203.29

Crypto Experts Forecast Bitcoin Market Peak: Bear Market Could Emerge Within 3 Months

27/01/2025 2:00am

NEWSBTC

As Bitcoin (BTC) consolidates above the significant $100,000 milestone, previously a challenging resistance level to breach, market analysts are closely monitoring its potential for further price increases and the possibility of new all-time highs (ATHs). A critical threshold of $109,000 looms in the near future for the market’s leading cryptocurrency, but the clock may be ticking as experts warn of an impending bear market that could emerge within just three months. Analyst Warns Of Imminent Bear Market For Bitcoin Market expert and technical analyst Ali Martinez raised concerns in a recent social media post on X (formerly Twitter), based on historical patterns observed following Bitcoin’s Halving events. Related Reading: Solana Active Addresses Surge To 832K Per Hour Outpacing Ethereum Amid TRUMP Meme Coin Hype The analyst suggests that Bitcoin and the broader cryptocurrency market could enter a bear cycle approximately 90 days from now. This prediction is grounded in the cyclical nature of Bitcoin’s price movements, particularly during Halving years, which historically have been followed by significant corrections. As further seen in the chart above, Martinez points out that examining the total days of each BTC Halving cycle reveals a striking resemblance to the previous cycle between 2012 and 2016, which lasted 367 days before entering a bear market. As of now, Bitcoin and the broader cryptocurrency market is at 276 days into this cycle, suggesting that a downturn may be closer than some investors anticipate. Will Prices Reach $200,000 Before The Drop? Further analysis from Martinez incorporates the Wyckoff Method, a technical analysis framework that identifies market cycles. According to this method, Bitcoin may be approaching its final leg up before entering the Distribution Phase, a period of consolidation before a price decline. In this phase, Ali Martinez predicts that the BTC price could trade between $140,000 and $200,000 before experiencing a significant drop back toward the $100,000 level. Related Reading: Ethereum Whales Keep Buying As Price Struggles – Expert Discloses Massive Accumulation But despite these cautionary forecasts, Martinez also notes that there remains potential for growth in the short term. He draws comparisons to the 2015-2018 cycle, asserting that Bitcoin’s price action at this juncture shares striking similarities with that period, which eventually led to parabolic price increases. Additionally, the Mayer Multiple, a metric that gauges Bitcoin’s overbought conditions, is currently being scrutinized. Historically, the Mayer Multiple has indicated market tops when Bitcoin trades above the 2.4 oscillator. Presently, this level sits near $182,000, suggesting that Bitcoin still has room for growth before reaching a potential market peak this cycle. At the time of writing, the largest cryptocurrency by market cap is trading at $102,900, down over 1.5% in the 24-hour time frame. Featured image from DALL-E, chart from TradingView.com

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SOLUSD Solana