Bitcoin’s recent price action continues to show bullish momentum despite market volatility, with key technical indicators suggesting the current cycle top has not yet been reached. According to detailed analysis from crypto expert Crypto Con, Bitcoin still has significant upside potential before hitting its ultimate peak.
As Bitcoin recently surpassed $109,000, many investors have questioned whether the top is in. However, comprehensive data from DA_Prof’s renowned indicator model suggests otherwise.
Multiple Technical Indicators Point to Further Upside
The analysis leverages thirteen distinct technical and on-chain metrics that have historically predicted major market tops with remarkable accuracy. These indicators successfully identified cycle peaks in 2013, 2017, and 2021. Currently, none of these metrics have entered the critical “top zone” that typically signals market euphoria.
Key Metrics Remain Below Historical Peak Levels
The comprehensive indicator stack includes:
- CVDD Extension
- Net Unrealized Profit-Loss
- MVRV Z-score
- Calendar Seasonality
- Puell Multiple
- Additional specialized metrics
Unusual Pattern: Parabolic Signals Without Peak Confirmation
A particularly intriguing development is the appearance of three separate parabolic signals without corresponding peak indicators. This unusual pattern, combined with strong exchange outflows and bullish MVRV readings, suggests Bitcoin may be preparing for an extended rally phase.
FAQ Section
When could Bitcoin reach its cycle peak?
Based on historical data and current indicators, analysts suggest the peak may occur in late 2025, potentially coinciding with post-halving momentum.
What price targets are analysts considering?
While predictions vary, many technical analysts are eyeing the $150,000-$200,000 range as potential targets before a cycle top forms.
How reliable are these technical indicators?
These indicators have successfully predicted previous cycle tops with approximately 85% accuracy, though past performance doesn’t guarantee future results.
