Bitcoin Reaches New All-Time High of Nearly $112,000
Bitcoin (BTC) has reached an all-time high of nearly $112,000. Analyst Cyclop forecasts the next peak between November and December 2025, with a bull market concluding around February to March 2026. An altcoin rally is also expected during the summer and fall of 2025.
Key Insights from Cyclop
- Cyclical trends in cryptocurrency markets mean many investors often misinterpret signals.
- Historical cycle highs include $1,242 in November 2013, $19,891 in December 2017, and $69,000 in November 2021.
- Previous peaks occurred 29 months prior to Bitcoin halving events.
- Bear markets in 2018 and 2022 lasted 12 months with retracements of 84% and 77% respectively.
- Bitcoin typically breaks its all-time highs 7-8 months post-halving.
- The anticipated bull run for this cycle may extend longer than previous ones.
Currently, BTC trades at $108,600, down 3% from its recent peak. Year-to-date, it has gained 56%, while XRP leads with a 337% increase. Following Thursday's peak, BTC retraced to around $106,700 but is attempting consolidation between $108,500 and $109,000. Resistance may form at $110,000 as traders look for shorting opportunities.
Future price movements could introduce volatility and allow altcoins to perform well.
