Bitcoin is going through a period of high volatility with a market peak possibly appearing in the coming months or extending into 2026.

The recovery momentum from the recent decline, along with technical signals and on-chain data, indicates that Bitcoin may enter a strong growth phase, although the 4-year cycle may transform due to the impact of large capital flows and new regulations.

MAIN CONTENT

  • Bitcoin could peak within 2 months if history repeats previous trends.

  • The 4-year cycle of Bitcoin is under debate, influenced by ETFs and institutional capital flows.

  • On-chain data and liquidity suggest that a recovery may occur in the coming weeks.

Is Bitcoin nearing the peak of its growth cycle?

Expert Ali Martinez predicts that if historical cycles continue to repeat, Bitcoin could reach its peak in about 2 months. This will be a strong bullish phase with continuous price fluctuations and breakthroughs.

According to trader Merlijn, Bitcoin is entering the final part of the parabolic price increase curve, with a solid foundation and significant breakout potential before reaching a peak accompanied by extreme excitement, followed by a deep correction.

Expert Benjamin Cowen also emphasizes that Bitcoin's post-halving pattern is usually a bullish cycle in July-August, a slight decrease in September, followed by a rebound in Q4 before entering a bear market.

Is the 4-year cycle of Bitcoin still relevant?

Many experts believe that Bitcoin's traditional 4-year cycle is changing under the influence of increased institutional capital, ETF adoption, and clearer regulatory policies. This could cause Bitcoin to break the old pattern and develop stronger into 2026.

Conversely, analysts like Jurrien Timmer (Fidelity) and James Seyffart believe that this cycle is still in effect but with less volatility, indicating more stability in Bitcoin's ups and downs.

What signals have been detected from on-chain data?

Analyst Willy Woo stated that the drop from $124,500 to $112,500 mainly came from liquidated liquidity and speculative activity. On the other hand, the MCR risk index is decreasing, signaling that capital is returning to the market.

CryptoQuant experts point out that price corrections are normal in Bitcoin's growth cycle. According to historical data, Bitcoin tends to weaken about 480 days after halving, then recovers strongly just after 2-4 weeks, with the recovery expected to occur by the end of September or early October, opening opportunities to establish new price highs.

"Bitcoin will end its cycle with a strong next wave of excitement, a sharp price peak, and an inevitable collapse."
– Merlijn The Trader, 2024

Frequently Asked Questions

When will Bitcoin hit the next peak?

According to historical analysis, Bitcoin could peak within 2 months if previous cycle patterns are repeated exactly.

Is the 4-year cycle still applicable to Bitcoin today?

There are many conflicting opinions; some experts say the cycle is still present but slightly altered, while others believe the new trend will break the old cycle.

What does on-chain data show about Bitcoin's trend?

Data indicates that capital is returning to the market along with positive liquidity signals, allowing Bitcoin to potentially rebound in the coming weeks.

What is causing Bitcoin to be highly volatile right now?

The combination of liquidity, speculative activity, and technical signals is causing Bitcoin to experience large fluctuations but also carries the potential for new upward momentum.

Will Bitcoin set a new price record in 2024?

Indicators and historical analysis suggest that Bitcoin is likely to establish new highs in the current bullish cycle.

Source: https://tintucbitcoin.com/bitcoin-gan-dinh-bull-market-gi/

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