In response to CryptoQuant CEO Ki Younger Ju, Bitcoin’s newest bullish cycle has concluded, signaling a probable shift to bearish or sideways momentum for the subsequent six to 12 months.
The Revenue and Loss (PnL) Index Cyclical Indicators point out a latest peak, aligning with historic patterns marking the tip of progress phases. Bitcoin, which reached an all-time excessive of $109,300 throughout President Trump’s second inauguration on Jan. 20, now could also be poised for correction or consolidation.
Historic tendencies from prior Bitcoin cycles constantly present a sample of worth peaks adopted by extended consolidation phases. Younger Ju believes present alerts carefully mirror earlier cycle tops, reinforcing expectations of muted efficiency within the close to time period.
Following Trump’s election victory in November 2024, Bitcoin surged quickly. Nonetheless, as optimism waned and market forces shifted, momentum progressively tapered, culminating within the present cycle peak.
The info from the PnL Index chart counsel Bitcoin traders might encounter sustained worth stagnation or declines by means of a lot of 2025.
Nonetheless, ought to Bitcoin observe previous halving cycle timelines, the height could be round September 2025. Bitcoin has traditionally taken round 500 – 550 days to succeed in the cycle prime from the final halving and 780 – 990 days to succeed in the cycle backside, advancing by round 100 days every cycle. This may place the market backside round Might 2027.
