Is the Bitcoin Bull Run About to End? Analysts Warn the Market Could Peak in 2 Months

Bitcoin has traded around $115,000 after reaching a new high this summer, but some analysts warn that the current bullish cycle may be nearing its peak. Two prominent voices followed by many on X, Ali and Rekt Capital, have shared charts indicating that the uptrend could end much sooner than many expect. Ali's Glassnode Analysis Analyst @ali_charts has posted a chart from Glassnode comparing the price performance of Bitcoin since the cycle bottom with previous cycles. The data shows that in the 2015–2018 cycle, BTC increased by more than 9,000% before reaching its peak. In the 2018–2022 cycle, the increase was smaller, at around 1,600%.

In the current 2022 cycle, Bitcoin has recorded remarkable growth levels. Ali notes that based on the rhythm of previous cycles, the next market peak could come just two months later, around October 2025. His message is very straightforward: "Things could get chaotic." The lesson learned from his chart is that each cycle brings diminishing returns, and the current cycle is following a similar pattern. With BTC having increased by thousands of percent from its lows, the peak timing aligns with historical patterns. Rekt Capital Cycle Progress Chart Another reputable analyst, Rekt Capital, shared his perspective on August 14th. He posted a monthly Bitcoin chart showing the structure of the cycles of 2017, 2021, and 2025.

In both 2017 and 2021, Bitcoin peaked about two years after the halving event, before entering a bear market. His chart indicates that the current 2025 cycle is in its final stages. He even quantified it: "BTC Bullish Market Progress: 93.8%." This number indicates that the bullish market is nearly complete, with only the final parabolic phase remaining. Historically, these final phases often produce extreme price volatility - a rapid increase followed by strong corrections. What Does This Mean for Bitcoin Both charts indicate the same conclusion: Bitcoin may be approaching its peak much sooner than many traders expect. Ali predicts the price will reach its peak in the next two months based on cycle performance. Rekt Capital believes the market has gone through 94% of the cycle, with parabolic bullish moves occurring before a correction. If this pattern continues, the next few months could be the final explosion of this bullish market. After that, history shows there will be a prolonged cooling period. For investors, the key may be balancing excitement with caution. Although Bitcoin may still make significant strides in the short term, previous cycles indicate that the window of opportunity for those bullish runs may be closing quickly. $BTC {spot}(BTCUSDT)