No Need to Panic, Bitcoin's Peak Will Still Come in October 2025 – Analyst

Bitcoin fell 0.93% over the past day after this leading cryptocurrency faced another price rejection in the $110,000 range. This latest bearish move forced Bitcoin to maintain a consolidation trend that dominated most of last month, raising speculation about the possibility of a market peak. Interestingly, renowned market analyst Ted Pillows weighed in on this discussion, stating that historical data shows Bitcoin has yet to reach the peak price for the current market cycle. The consolidation of Bitcoin: Preparing for the final bull run In a post on X on July 4, Ted Pillows shared insights about the bullish market after another fall of Bitcoin. Notably, this leading cryptocurrency seems to be on track to continue the market's upward trend after the price significantly recovered from $99,000 at the end of June following several weeks of downward accumulation. However, another strong rejection at the $110,000 level indicates that the price of Bitcoin remains within a limited range, thereby exacerbating concerns among investors across the market. Interpreting this situation, Pillows has called for calm, stating that the recent bearish phase is merely a "spike leverage" and there is no need to panic. Using visual research on BTC's weekly chart, this renowned analyst shows that the current and previous price retracements are part of a predictable pattern that has occurred in previous Bitcoin cycles.

The chart shows that after each halving event, Bitcoin tends to peak after about 18 months (518 days). With the most recent halving event occurring in mid-April 2024, the expected peak for this cycle is around the fourth quarter of 2025, specifically on October 13, 2025, consistent with historical performance. Furthermore, a periodic 140-day bullish window is also depicted in the chart, which often forms the final leg of the bullish run. In each previous cycle, this 10-bar rally has created parabolic price movements. If history repeats itself once again, then Bitcoin is currently in the range of starting this 10-week bullish rally, indicating that a corresponding bullish rally seen in previous instances may soon begin. How High Can Bitcoin Go? Based on recent analysis from Pillows, Bitcoin may be accumulating momentum for the final price increase of the current market cycle. The extent of this anticipated bullish trend is still unknown; however, the presence of notably bullish factors such as large institutional investment flows and supportive cryptocurrency policies from the U.S. support a range of breakout targets. For example, Pillows previously shared that the popular stock-to-flow model uses the scarcity of Bitcoin to predict long-term price trajectories, forecasting a potential price target of $368,925 by the end of 2025. If this prediction is correct, Bitcoin investors are eyeing an estimated 242% increase compared to the current market price. At the time of the press report, Bitcoin continued to trade at $108,299, reflecting a 0.83% increase over the past week.