CryptoQuant Claims Bitcoin Is Entering the Final Phase of Its Uptrend Cycle
Bitcoin Nearing Bull Cycle Peak: Warning or Opportunity?
Bitcoin may be entering the final stages of its bull market , a cryptocurrency analyst has warned , based on data from CryptoQuant – a leading analytics firm in the cryptocurrency space.
Bull Market: The End of the Road?
According to CryptoQuant, the Bitcoin bull cycle, which began in January 2023 , has recorded a strong increase. New money and confidence from long-term investors have pushed Bitcoin prices to significant highs.
However, analysts say the market is now approaching a key turning point .
Peak Cycle Forecast Data
One notable metric used by CryptoQuant is the Bitcoin transaction rate over the past month , measured by realized market capitalization and UTXO (Unspent Transaction Output) .
Currently, this ratio is only 36% , lower than previous cycle peaks, showing signs of market saturation .
Analysts predict that this index could increase by 2-4 times in the coming time - a typical sign of an overheated market , before entering a period of decline.
Forecast: Peak in 2025?
Based on the current trend, CryptoQuant believes that the cycle top is likely to occur in Q1 or Q2 of 2025 .
However, they do not rule out the possibility that Bitcoin and altcoins could still rise sharply before reaching their peak .
Advice For Investors
CryptoQuant emphasizes that, despite the great profit opportunities, risk management is still the most important factor.
Being cautious , especially when the market is approaching a top, is key to helping investors preserve profits and avoid major corrections.