The Bitcoin market has just gone through a correction phase, causing many investors to worry that this could be a signal of a "cycle peak". However, according to analysis from CryptoQuant and many experts, this development is just a normal part of the growth phase, and the market still has significant room to continue breaking out. Some forecasts even set a target for Bitcoin to reach between 180,000 – 250,000 USD by the end of the year.
Bitcoin Has Not Reached Cycle Peak – CryptoQuant Asserts
CryptoQuant reports that on-chain indicators have not shown any signals of a "cycle top" (cycle top). The amount of Bitcoin on exchanges continues to decrease, indicating that investors do not intend to panic sell. Long-term holders remain steadfast in accumulating rather than taking profits. The MVRV index is still below 3.6 – a threshold that typically marks the cycle peak. This means that for a peak to be reached, MVRV needs to increase further.
This shows that demand is still strong, and the bull run has not yet reached its end stage.
David Bailey: Two Big Whales are "Holding" Bitcoin Price
David Bailey, CEO of Nakamoto, stated that Bitcoin could reach 150,000 USD if it is not affected by the selling activities of two huge "whales".
On August 24, a whale dumped 24,000 BTC ( worth 2.7 billion USD), triggering a sharp crash and liquidating 500 million USD in leveraged positions. The second whale – holding Bitcoin for 5 years – sold over 4 billion USD through Hyperliquid, rotating into Ether.
Bailey believes that when these two whales finish their sell-off, the price of Bitcoin could surge strongly, even rising an additional 36% compared to the current level.
Megaphone Pattern – Strong Bullish Signal
According to technical analyst Merlijn Trader, Bitcoin is forming a Megaphone Pattern.
Each oscillation is increasingly widening, indicating that the market is hunting for liquidity at higher price levels. Each breakout in this pattern is usually stronger, reinforcing the upward trend. If the pattern is maintained, Bitcoin could aim for 130,000 USD and even higher.
Historical Cycle Targeting 200,000 USD – JDK99's Forecast
Analyst JDK99 based on historical data believes that:
The peak of the cycle is likely to occur in October – November 2025. The price could reach around 200,000 USD, close to the "power law band" on the long-term chart. However, he emphasized the need to combine monitoring on-chain indicators, the activity of long-term holders, and balances on exchanges, rather than solely relying on history.
Conclusion: Bitcoin is Still in a Bull Run, the Cycle Peak is Yet to Come
Although short-term corrections create a sense of panic, most experts agree that Bitcoin has not yet reached its cycle peak.
Whales may continue to create volatility, but as selling pressure decreases, the market is likely to rebound strongly. Potential price levels forecasted: 130,000 – 150,000 USD in the short term, and 180,000 – 250,000 USD in the later stage of the cycle.
It is important for investors to be patient, closely monitor on-chain indicators, and manage risks to avoid being swept up by short-term fluctuations.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin: Short-Term Adjustments Do Not Mean Cycle Peak – Expert Forecasts Level of 250,000 USD
The Bitcoin market has just gone through a correction phase, causing many investors to worry that this could be a signal of a "cycle peak". However, according to analysis from CryptoQuant and many experts, this development is just a normal part of the growth phase, and the market still has significant room to continue breaking out. Some forecasts even set a target for Bitcoin to reach between 180,000 – 250,000 USD by the end of the year. Bitcoin Has Not Reached Cycle Peak – CryptoQuant Asserts CryptoQuant reports that on-chain indicators have not shown any signals of a "cycle top" (cycle top). The amount of Bitcoin on exchanges continues to decrease, indicating that investors do not intend to panic sell. Long-term holders remain steadfast in accumulating rather than taking profits. The MVRV index is still below 3.6 – a threshold that typically marks the cycle peak. This means that for a peak to be reached, MVRV needs to increase further. This shows that demand is still strong, and the bull run has not yet reached its end stage. David Bailey: Two Big Whales are "Holding" Bitcoin Price David Bailey, CEO of Nakamoto, stated that Bitcoin could reach 150,000 USD if it is not affected by the selling activities of two huge "whales". On August 24, a whale dumped 24,000 BTC ( worth 2.7 billion USD), triggering a sharp crash and liquidating 500 million USD in leveraged positions. The second whale – holding Bitcoin for 5 years – sold over 4 billion USD through Hyperliquid, rotating into Ether. Bailey believes that when these two whales finish their sell-off, the price of Bitcoin could surge strongly, even rising an additional 36% compared to the current level. Megaphone Pattern – Strong Bullish Signal According to technical analyst Merlijn Trader, Bitcoin is forming a Megaphone Pattern. Each oscillation is increasingly widening, indicating that the market is hunting for liquidity at higher price levels. Each breakout in this pattern is usually stronger, reinforcing the upward trend. If the pattern is maintained, Bitcoin could aim for 130,000 USD and even higher. Historical Cycle Targeting 200,000 USD – JDK99's Forecast Analyst JDK99 based on historical data believes that: The peak of the cycle is likely to occur in October – November 2025. The price could reach around 200,000 USD, close to the "power law band" on the long-term chart. However, he emphasized the need to combine monitoring on-chain indicators, the activity of long-term holders, and balances on exchanges, rather than solely relying on history. Conclusion: Bitcoin is Still in a Bull Run, the Cycle Peak is Yet to Come Although short-term corrections create a sense of panic, most experts agree that Bitcoin has not yet reached its cycle peak. Whales may continue to create volatility, but as selling pressure decreases, the market is likely to rebound strongly. Potential price levels forecasted: 130,000 – 150,000 USD in the short term, and 180,000 – 250,000 USD in the later stage of the cycle. It is important for investors to be patient, closely monitor on-chain indicators, and manage risks to avoid being swept up by short-term fluctuations.