The cryptocurrency market continues to fluctuate in search of an uncertain direction. Bitcoin and most altcoins, which started with a decline today, are currently trading in the green zone. However, the overall picture is still uncertain. A popular analyst shares his predictions about when Bitcoin will potentially reach its cycle peak, while also making predictions for Ethereum and FLOKI Coin. The analyst states that he expects a strong move.
Analyst: Bitcoin Will Reach Peak in September 2025!$BTC
,
The leading cryptocurrency, Bitcoin, continues to trade around $95,000. Although it occasionally tries to reach the $100,000 target, it has not yet been successful. The analyst, who uses the nickname "Inmortal", states that it takes an average of 1,064 days for Bitcoin to rise from the bottom of its cycle to the top.
Stating that an average of 1,400 days passed between the peak of the previous cycle and the peak of the new cycle, the analyst says, “If this cycle follows a similar course, the peak could occur between September and October 2025.” According to the analyst’s charts, Bitcoin reached the bottom of the cycle when it saw the $ 15,500 level in November 2022. Currently, Bitcoin is trading at $ 96,335, up 1% on a daily basis.
Prospects for Ethereum$ETH
In his assessments of the leading altcoin Ethereum (ETH), Inmortal says that it is unlikely that the second-largest cryptocurrency by market value will fall below $ 3,000 again. However, he expects Ethereum to consolidate between $ 3,000 and $ 3,500. Taking into account the daily Ethereum chart, the analyst states that ETH has transformed the level around $ 3,000 from a resistance zone to a support area. Ethereum is currently trading at $ 3,391 and has recorded a 0.9% increase on a daily basis and a 5.86% increase on a weekly basis.
Rising Expectations for FLOKI Coin$FLOKI
Finally, the analyst shares his views on the popular meme coin FLOKI Inu (FLOKI Coin). Stating that FLOKI is “poised to lead the next rally,” the analyst notes that the meme coin is largely following an upward-sloping trendline. Furthermore, the analyst estimates that FLOKI Coin has the potential to rise by over 50% from its current level. Currently, FLOKI Coin is trading at $0.0001786, up 4.5% on the day.