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Analyst Predicts Possible Bitcoin Price Peak Date

Sep 25, 2024
  1. Current Bitcoin Cycle Analysis
  2. Price Prediction for October 2025
  3. Market Impact and Altcoins

Cryptocurrency analyst Ali Martinez has published a number of new analyses, including the possible date of a new Bitcoin price high.

Current Bitcoin Cycle Analysis

According to Ali Martinez, if the current Bitcoin cycle follows the last two cycles, the BTC price could peak in about a year, namely in October 2025.

Price Prediction for October 2025

However, the analyst made an interesting prediction about where the peak could be. According to the analyst, if the Bitcoin Long-Term Power Law holds, the next market peak could be around $400,000. Martinez added that he made a profit of $16 million as BTC miners sold during the recent price rally.

Market Impact and Altcoins

BTC price surpassed $64,000 for the first time in a long time today and is up 6.38% in the last 24 hours. On the other hand, touching on the altcoin world, Martinez claimed that Telegram’s associated altcoin Toncoin could pose a risk of a sell-off due to privacy concerns. He also argued that the TON price could be following the path followed by Celestia (TIA).

Ali Martinez made a profit of $16 million as BTC miners sold during the recent price rally.Ali Martinez

Thus, according to Ali Martinez's forecasts, the cryptocurrency market may undergo significant changes over the next year, and investors should closely monitor developments.

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