Bitcoin who is approaching his climax? Here the Epic Bull Run can end (analyst)

Bitcoin placed a new of all time above $ 124k earlier this month, but the momentum quickly shifted to fragile. The market is extremely jerky this week and briefly pushed the price below $ 109k. While investors anticipate a sustainable rally, seasonal headwind have hindered the growth of the actively.

New data suggests that the current Bitcoin cycle has been completed 93% and the blow-off top is expected between the end of October and mid-November 2025.

Last wave

Crypto analyst Cryptobirb has warned Bitcoin’s current bullmarkt can approach its last phases, after taking into account various factors such as historical patterns, halfway cycles and seasonal. All these point to a potential peak within the next 60 days.

According to Cryptobirb, Bitcoin is already 93% due to its current bull’s cycle, which started after the Halving from 2024 to 19 April. The analyst references Historical Bull Run-Duur and noted that earlier Cycli 350 days (2010-2011), 746 days (2011-2013), 1,068 days (2015-2017) and 1.061) and 1.061) last (2018-2021).

The current cycle has lasted 1,007 days so far, with projections that indicate that a peak could occur between 1,060-1.100 days, so that the expected top is placed at the end of October to mid-November 2025.

Halling Timing continues these prospects. Cryptobirb pointed out that earlier bull cycles usually reached their peaks about 366 to 548 days later after half -care. Based on the Halving in April 2024, the goal peak window is calculated between October 19 and November 20, 2025.

Looking at historic bear markets, the analyst warned that important corrections tend to follow these peaks. Previous bear markets lasted around 370-410 days with average losses around 66%.

No capitulation risk

Seasonalness also plays a role. Cryptobirb said that August and September historically have been a weaker months for Bitcoin, while October and November often see the strongest achievements. This also corresponds to the projected peak window. Technical indicators support this timing.

On the weekly graph, Bitcoin is above 50 weeks of and 200 weeks of simple advancing averages at $ 97,094 and $ 52,590 respectively.

Data on the chain remains healthy. Mining costs almost $ 97,124, and profitability ratios do not indicate an immediate capitulation risk. Non -culture profit/loss (NUPL) and market value for realized value (MVRV) ratios indicate that the market is still stable, despite short -term corrections.

Institutional activity, in particular via ETFs, shows some short -term outcomes, as appears from $ 194 million included in a single day on August 21, although the general positions remain considerable. Cryptobirb added that although these currents are worth monitoring, it is unlikely that they will derail the wider trend.

“This is important pick-up meals: we are 60 days away from the historic blow-off window of Bitcoin (October 15,-15, November 2025); last October week. ETFS record outlets, but cycle + halving math + seasonal, all point to Q4 Grand final.”