Bitcoin Analyst Predicts Potential Rally Amid Current Market Indicators
Despite recent price pullbacks, a crypto analyst suggests that Bitcoin (BTC) may still experience another parabolic rally. Key indicators imply that the market has not yet reached its peak.
No Sign Of A Bitcoin Cycle Top
Market expert Crypto Con provided technical analysis indicating that Bitcoin's trajectory has not hit the "cycle top" zone associated with previous major peaks. This analysis is based on a model developed by DA_Prof, which has accurately predicted cycle tops in 2013, 2017, and 2021.
The model integrates insights from thirteen established metrics:
- Coin Value Days Destroyed (CVDD) Extension
- Net Unrealized Profit-Loss (NUPL)
- Market Value-Realized Value Z-score (MVRVZ)
- Calendar Seasonality Indicator
- Puell Multiple (PUELL)
- Halving Seasonality Indicator
- Logue PolyLog Regression
- Realized Price Extension
- Plus Directional Movement
- Logarithmic MACD
- Pi Cycle Top
- Transaction Fee Spike
- Risk
Crypto Con noted that historically, convergence of these indicators in a heated region signals significant price peaks, followed by crashes. Currently, none of the metrics indicate such conditions, suggesting that market enthusiasm remains below past cycle extremes.
Parabola Signals Flash Early
While Parabola signals have flashed three times this cycle, indicating potential early stages of a price rally, Bitcoin has not yet entered a definitive breakout phase. The May 2025 parabola signal is noteworthy, aligning with Bitcoin crossing the Parabolic Boundary. This anomaly prompts speculation that Bitcoin's true bullish climax may still be forthcoming.