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Alphractal CEO, a data analytics company, reveals the date when Bitcoin will hit its bottom! Here are the details

source-logo  en.bitcoinsistemi.com 2 h
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A new analysis of Bitcoin price movements in the cryptocurrency market suggests that the bottom of the current cycle could occur in the last quarter of the year.

According to an assessment shared by Joao Wedson, CEO of data analytics company Alphractal, Bitcoin’s latest peak occurred 534 days after the halving.

Wedson emphasized that this period is the shortest peak formation period to date, falling below the 546-day period recorded in the previous cycle. According to the analyst, the increasing shortening of peak formation periods in Bitcoin cycles is noteworthy, and this provides important clues about the timing of bottom formation.

Analysis based on historical data predicts that the bottom in the current cycle could occur between 912 and 922 days after the halving. This timeframe corresponds to late September and early October in calendar terms. Wedson stated that this prediction is consistent with price behavior and market dynamics observed in past cycles.

Experts point out that such projections are not definitive and that macroeconomic developments, regulations, and investor behavior continue to be decisive factors influencing prices. Nevertheless, analyses based on halving cycles remain an important reference point for long-term investors.

Market participants continue to closely monitor Bitcoin’s performance in the coming months.

*This is not investment advice.

en.bitcoinsistemi.com