Bitcoin bull run could continue for 200 days before possible US recession – Report

Share This Post

Bitcoin’s current market cycle indicates a potential peak in about 200 days, coinciding with forecasts of a possible US recession by mid-2025. According to recent research from Copper.co, this alignment emerges as Bitcoin reaches day 554 of its cycle.

Historically, Bitcoin’s market cycles average 756 days from the point when the annual average growth of its market capitalization turns positive until it hits a price peak. Copper.co assesses that the present cycle began around mid-2023, shortly before BlackRock filed for a Bitcoin exchange-traded fund. Bitcoin could peak around mid-2025, approximately 200 days from now, if the pattern holds.

Bitcoin cycle returns (Source: Copper.co)
Bitcoin cycle returns (Source: Copper.co)

Copper.co uses JPMorgan’s estimate of a 45% chance of a US recession occurring in the second half of 2025 to showcase a potential overlap of Bitcoin’s peak with economic downturn predictions, adding a layer of complexity to market expectations. Investors may find this intersection significant when considering portfolio strategies amid macroeconomic uncertainties.

Realized volatility for Bitcoin currently stands at 50%, reflecting the standard deviation of returns from the market’s mean return. Implied volatility, which gauges market expectations for future volatility, recently hit its highest level of the year. This suggests ongoing market turbulence as 2025 approaches, with a possible bullish undertone influencing trading behaviors.

Bitcoin’s Relative Strength Index (RSI) is at 60, significantly lower than previous bull market highs. Copper.co’s report highlights that by extending the RSI’s look-back period to four years—a timeframe that reduces short-term noise—the indicator shows substantial room for growth. This metric implies that Bitcoin could build momentum into the new year, potentially reaching higher valuation levels.

Inactive Bitcoin supply, representing coins held without movement for extended periods, is increasing amid record prices. This trend indicates that long-term holders maintain their positions, but vigilance is advised. Should these investors begin to move assets, it could signal shifts in market forces or profit-taking activities.

Per Copper.co’s analysis, combining these factors paints a nuanced picture of Bitcoin’s trajectory. The interplay between market cycles, volatility measures, and macroeconomic forecasts illustrates the importance of monitoring multiple indicators.

The post Bitcoin bull run could continue for 200 days before possible US recession – Report appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Ethereum Is Retesting A 5-Year Long Trendline – Massive Rally Incoming?

Ethereum is currently consolidating below the $2,000 mark, trading within a narrow range between $1,800 and $1,900 as market uncertainty persists Bulls have lost control, and speculation about a

Crypto․com Pushes Through 70 Billion CRO Re-Mint Despite Community Backlash

Cryptocom has greenlit the controversial re-minting of 70 billion CRO tokens, overriding widespread community opposition with a last-minute surge in validator votes controlled by the exchange

Will Bitcoin Dip to $78K? BlackRock’s $40M BTC Buy Raises Questions

The post Will Bitcoin Dip to $78K BlackRock’s $40M BTC Buy Raises Questions appeared first on Coinpedia Fintech News As Bitcoin (BTC) and the overall crypto market continue to confuse investors and

XRP, Cardano Command Inflows Amid Market Wide Selling – Here Are The Numbers

The entire crypto industry has had a recent few weeks of ugly price action and downtrend, a trend which has been reflected in crypto investment funds Notably, digital asset funds have witnessed their

Crypto Markets Stumble in Lockstep With Wall Street as $2.7T Ecosystem Shudders

Bitcoin and global cryptocurrency markets retreated in tandem with US equity benchmarks on Tuesday, as bearish sentiment gripped financial markets The digital asset ecosystem contracted by 189% over

Internet Computer Price Prediction 2025, 2026 – 2030: Will ICP Price Hit $20?

The post Internet Computer Price Prediction 2025, 2026 – 2030: Will ICP Price Hit $20 appeared first on Coinpedia Fintech News Story Highlights The live price of the ICP crypto is Internet