#bitcoin
Bitcoin Nears Cycle Peak: 95% Complete, 50 Days Left? 🚀
Bitcoin ($BTC ) just hit a weekly high above $112,000, hinting at the final leg of its bull run. Analyst CryptoBirb suggests we’re 95% through this 1,017-day cycle, with ~50 days until a potential peak (late Oct to mid-Nov 2025). 📈
Post-Halving (Apr 2024), BTC’s in the “hot zone” (77-86% of 518-580 day peak window). Historically, peaks are followed by 70-80% crashes over 370-410 days—bear market likely in Q1/Q2 2026. 😬
Key levels:
• Support: $107,700-$108,700, 50-week SMA ($95,900), 200-week SMA ($52,300)
• Resistance: $113,000-$114,100
• Mining cost: $95,400 (healthy market)
September’s historically weak (-6.17% avg), but Oct/Nov could rally. Watch Sep 17 & Oct 22! 📅
$BTC now at $112,886, down 11% from ATH. Altcoin season looming? 👀