Many people think that Bitcoin has completed its bull run and made its first peak. However, I disagree with this view.
In my opinion, Bitcoin is still making its last correction before reaching its peak. So, it's still a while before we reach the peak. The January 2021 correction and the February 2025 correction are very similar.
After that, Bitcoin will reach the first of the double top and reach its true ATH. In this process, altcoins can accompany Bitcoin and make serious gains.
I predict that the last ATH will reach a value between $135,000 and $165,000 and the price will correct at least 50% from there to form the second peak.
However, while Bitcoin is heading towards the second peak, it is hard to say that altcoins will be able to accompany it.
If we are not at the last pre-peak high as I mentioned earlier, and in fact the peak was seen around $109,000, then all altcoin investors will be very disappointed. Because they will have been ripped off.
This is not Financial Advice
This idea is arrived at by examining past cycles.
It is worth remembering that this cycle of Bitcoin is unique!!!
In my opinion, Bitcoin is still making its last correction before reaching its peak. So, it's still a while before we reach the peak. The January 2021 correction and the February 2025 correction are very similar.
After that, Bitcoin will reach the first of the double top and reach its true ATH. In this process, altcoins can accompany Bitcoin and make serious gains.
I predict that the last ATH will reach a value between $135,000 and $165,000 and the price will correct at least 50% from there to form the second peak.
However, while Bitcoin is heading towards the second peak, it is hard to say that altcoins will be able to accompany it.
If we are not at the last pre-peak high as I mentioned earlier, and in fact the peak was seen around $109,000, then all altcoin investors will be very disappointed. Because they will have been ripped off.
This is not Financial Advice
This idea is arrived at by examining past cycles.
It is worth remembering that this cycle of Bitcoin is unique!!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.