New predictions in the crypto market suggest that Bitcoin $92,245 may reach the peak of its current bull cycle in the first quarter of 2025. This claim was highlighted by crypto analyst The Flow Horse through statements made on the social media platform X. The analyst indicated that recent price movements are indicative of approaching a peak, stating, “I don’t care what anyone else says. We’re much closer to ‘the end for a while’ than people want to accept. I can say it will come within the first quarter.”
Bitcoin Peak Predictions Vary
Different crypto analysts provide varying opinions on Bitcoin’s price movements. Renowned analyst Michaël van de Poppe believes that due to decreasing supply and increasing market liquidity, Bitcoin could exceed predictions significantly.
“What makes this cycle unique is the significant reduction of BTC on exchanges. A supply shock is imminent, and market liquidity is increasing. Bitcoin will reach levels much higher than everyone expects,” he stated.
Altcoins May Rise After Bitcoin’s Peak
As Bitcoin hovers around the $99,741 mark, experts propose different strategies for the market’s future movements. The Flow Horse pointed out that after Bitcoin reaches its peak, the altcoin market will become more active.
“Altcoins will take the forefront after Bitcoin’s peak, and the bull cycle will conclude in altcoins,” he added.
The dynamic nature of the crypto market leads experts to make diverse predictions. Investors must analyze market dynamics thoroughly while making decisions based on these predictions. The impending peak of Bitcoin could pave the way for new strategies in the crypto world, alongside potential movements in the altcoin market.