dailyhodl.com
A widely followed crypto analyst is outlining when Bitcoin (BTC) could potentially reach its cycle peak.
Pseudonymous crypto trader Inmortal tells his 221,700 followers on the social media platform X that it takes an average of 1,064 days for Bitcoin to rally from the bottom of the cycle to the top.
Between the previous cycle’s top and a new cycle’s top, the analyst says it takes an average of 1,400 days.
“If this cycle is similar, TOP will be between September – October 2025”
Based on the analyst’s chart, it appears that the flagship digital asset reached this cycle’s bottom in November of 2022 when it hit a price of around $15,500.
Bitcoin is trading at $95,605 at time of writing.
Moving on to Ethereum ($ETH), Inmortal says that the second-largest crypto asset by market cap is unlikely to go below $3,000 ever again. Inmortal, however, says that Ethereum is likely to continue consolidating in the zone between $3,000 and $3,500.
Based on Inmortal’s daily Ethereum chart, it appears he is suggesting that $ETH has turned the level around the $3,000 price from a resistance zone to a support area.
Ethereum is trading at $3,366 at time of writing.
Next up is the $FLOKI ($FLOKI) memecoin. The trader says $FLOKI is “ready to lead the next leg up.” Based on his chart, the meme asset has largely followed an upward-sloping trendline and could rally by over 50% from its current level.
$FLOKI is trading at $0.000172 at time of writing.
Generated Image: Midjourney