According to recent research from Copper.co, Bitcoin's current market cycle suggests a potential peak in approximately 200 days, aligning with predictions of a US recession by mid-2025. The study indicates that Bitcoin's market cycles historically average around 756 days from positive annual average growth to a price peak. If this pattern holds, Bitcoin could reach its peak around mid-2025. The research also highlights that Bitcoin's volatility is currently high, with implied volatility at its highest level of the year, indicating ongoing market turbulence as 2025 approaches. However, the report suggests that Bitcoin has room for growth based on its relative strength index (RSI) and the increasing inactive Bitcoin supply, which may indicate long-term holders maintaining their positions. The study emphasizes the importance of monitoring multiple indicators to understand Bitcoin's trajectory.



Other News from Today