In recent days, Bitcoin's price has seen a 10% drop from its all-time high. Experts discuss what this might mean for the future of the market.
Current Trends in Bitcoin Market
Bitcoin's price currently hovers around $111,950 with support at $97,000. Analyst Crypto Birb highlights that the current prices show signs of weakness, but may not be conclusive.
Cycle Analysis and Seasonal Fluctuations
According to Birb, Bitcoin follows a clear cyclical pattern based on previous growth periods. He noted that the current cycle has been ongoing for 1,007 days, placing it in the last 5-8% of growth. Seasonal fluctuations also play an important role, with October and November typically yielding positive results for BTC, aligning with peak expectations.
ETF Impact and Future Predictions
Exchange-traded funds (ETFs) have shown mixed results in recent days; however, institutional investors maintain assets at $160.4 billion. According to Birb, a key period is expected between October 15 and November 15, 2025, when the current cycle may reach its peak. Nevertheless, it is anticipated that a bear market may commence in 2026 afterward.
Despite the current downturn and warnings of a possible bearish phase, analysts point to Bitcoin's growth potential in the coming months, making the market interesting to watch.
