Discussions around Bitcoin’s top for this cycle Market participants are looking forward to potential peak prices later in the year. Quinten Francios, an established crypto-market commentator and analyst, disagrees. Some analysts predicted that the market would reach a peak in October or November. Francois, based on historical data and the psychology of markets, believes that this bull market has not yet ended. expectations for a Q4 2025 Top is a good example of this. “just not going to happen.”
Bitcoin Prices Too High for November
Quinten is a Bitcoin expert who has taken to social media. argued that any The expectation of the market reaching its peak by November is a total misreading of previous cycles. In both 2017 and 2020, he said, altseasons, or the time when altcoins perform better than Bitcoin, started in the first quarter of the respective bull markets.
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It took approximately nine to twelve months for the psychological cycle to be fully realized. The analyst believes that altseason is still in its early stages. The ETH/BTC rate, which is often used to determine altseason’s momentum, has only recently begun to decline.
Quinten said that given this timing it is almost impossible for a top to occur within the next 2 or 3 months. Altseason marks the beginning of retail participation. From that moment on, it usually takes between 9 and 12 months to achieve a market excess and euphoria.
According to history, we are still at the beginning of the current cycle because retail hasn’t really kicked off yet. The market would peak in the second quarter or even third quarter 2026.
Altcoin Cycle Will Determine If Peak Is Possible
Quinten said that a complete absence of altcoin cycles would be the only way to allow for an early top in 2018. A catastrophic black-swan event or that scenario could lead to a retail cycle being short-circuited and resulting in an earlier top than normal. This is a very unlikely scenario, as this cycle cannot be completed in less than nine to twelve months.
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Bitcoin is likely to continue its price trend. “If things unfold as they historically have (we can only count on this), then it’s just not going to happen,” He said.
The analyst has not given a specific price target to the top expected for Bitcoin in this cycle. However, many other analysts and technical experts have. targets between $140,000 In the United States, there are over 200 million dollars. You can get up to $200,000. another post on Quinten’s social media platform revealed that Bitcoin was currently in its most bullish configuration ever. This is a very positive outlook. based on a current retest of Bitcoin in July broke over the ascending trendline that represents all-time highest levels.
Bitcoin has dropped by 3.7% since the previous seven days, and is currently trading at $114.460.
Image from Pixabay; chart by Tradingview.com
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Source: www.newsbtc.com
