You have 2 weeks to make a profit, Bitcoin’s Bull Run is ending (analyst)

Fear & Greed Index is expected to be 80, a classic sales signal of Cyclustoppen, with almost all BTC delivery that is now in a win.

Bitcoin (BTC) reached a new highlight of almost $ 126,000 this weekend and continued its long -term rise.

But a well -known market analyst now warns that the current bull cycle will only last approximately two weeks, which means that investors have a short time to increase profit before a possible decline.

A final push to new highlights

According to on-chain analyst Gigi Sulivan, the cyclical nature of Bitcoin point To a conclusion of a bull market around October 20. This projection, calculated from the Halveing ​​event of April 2024, is in line with a historic pattern of bull phases that last approximately 546 days.

“Whether you want to believe it or not, since we see another push in Ath, those next 2 weeks are probably your best chance to make a profit and then wait patiently around 12 months at nice low prices to re -enter the market during the bear phase,” Sulivan advised.

Despite the last upward momentum of Bitcoin, the analyst suggests that the expected top of $ 150,000 to $ 200,000 less likely seems to be in view of the limited time that remains.

“I expect to see that fear and greed index will jump more than 80, just like in the last days of Bull in November 2021,” they noticed. “Take it as a very strong sales signal, especially when they are combined with delivery % in profit that runs almost 100 %.”

To support this cautious attitude, recent data on chains from fellow analyst Cryptoonechain revealed a significant one intake From $ 4 billion in stablecoins from fairs since 22 September, with Binance responsible for 75% of the movement. The expert suggests that it probably means that many people take a profit, which reduces the available amount of money to buy things immediately. This makes the market more open for consolidation or correction.

Yet some reports require higher peaks. For example, analysts from the Defi report recently stated that the four -year cycle framework stays in place and that BTC could reach a price between $ 160,000 and $ 170,000 by the end from 2025. Their research indicated that there is still potential for further upwards before a cyclust top is confirmed, as evidenced by the high profit realization and the silent MVRV-Z-score.

Price promotion, cycles and prospects

At the time of this letter, Bitcoin traded at $ 123,648, with 1.1% a decrease in the last 24 hours. However, the leading cryptocurrency is still 10.6% higher on the week, 11.6% above its level a month ago, and almost doubled almost the price of the same time last year.

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In the past seven days, BTC varied between $ 111,656 and $ 125,361, with its last withdrawal that it placed about 1.6% below Sunday’s all time.

In the meantime, a recently report from Coetecko shows that every half -half cycle has achieved historically smaller profits. The investigation showed that the Run of 2017 yielded the highest return, at 29 times the invested amount, while the 2021 run had the lowest return, at 6.7 times the invested amount. The current cycle has not yet achieved 100% profits, which suggests that the upward can be alternated upside down, even if new records have been set.