$BTC However, not every peak leads to an immediate collapse. Severino points out that in history, Bitcoin has experienced 'right-translated peaks', where the price continues to rise slightly after the cycle peak.

He cites previous cycles, such as in 2017, when Bitcoin continued to surge after surpassing the 'red zone' - the highest risk point. But if the adjustment lasts, the risk of entering a downtrend phase will increase.

As of March 25, 2025, Bitcoin is trading at 87,300 USD, up 3.6% in the last 24 hours.