Analyst Predicts Bitcoin Peak and 95% Decline for Altcoins
Bitcoin and the broader cryptocurrency market are showing signs of recovery after a recent correction, but a crypto analyst warns that the market may have peaked. BladeDeFi forecasts a potential downturn, predicting alternative cryptocurrencies could decline by up to 95%.
Key Insights
- BladeDeFi states that Bitcoin has already reached its all-time high in this cycle and is in a "slow-motion downtrend."
- The analyst observes retail investors are exhausted while institutional players are exiting the market, rotating investments without public announcements.
- This shift leaves retail investors at risk as liquidity diminishes.
- Price increases are seen as deceptive, luring late buyers into traps.
- Without new capital inflows, price movements lack sustainability, with an overall downward trend expected.
Market Outlook
- Another analyst, Peppeso, believes the top of the 2025 bull market may already be established.
- Historical patterns suggest Bitcoin typically reaches all-time highs in late cycles, with expectations for a peak around November or December 2025.
- Macroeconomic factors such as rising interest rates and geopolitical risks contribute to investor caution, sustaining a downtrend in crypto.
- Memecoins like Dogecoin and Shiba Inu have declined by 9% and 7% respectively over the past week, indicating fading hype.
