Bitcoin's Market Cycle Slows, Analysts Predict Uptrend in Fall

Crypto Market Cycle Slows but Uptrend Expected for Bitcoin in Fall

Bitcoin has experienced a notable price movement in recent weeks, fluctuating between $ 108,000 and $ 117,000, with its current value standing at $110,101. Despite experiencing a 2.58% decline over the past 24 hours and a 2.44% dip in the past week, the crypto has demonstrated impressive long-term growth. 

While the short-term corrections capture immediate attention, analysts suggest that the crypto is entering a new phase, one that requires a deeper look at broader trends.

A Longer and Slower Trend

Bitcoin’s market cycle appears to be undergoing a significant shift, as indicated by data from CryptoQuant. In comparison to past cycles, the current uptrend is slowing down. Historically, it has surged in two primary phases, reaching peak prices in rapid intervals. 

Source: X

However, in the present phase, labeled Phase 3, the upward trajectory has become more gradual. Analysts attribute this slowdown to several factors, notably the introduction of spot ETFs and the growing institutional adoption of Bitcoin. Furthermore, nations are now taking a more significant interest in cryptocurrency, adding to its long-term potential.

Notably, the market also exhibits a recurring pattern: whenever capital shifts toward altcoins, Bitcoin's momentum tends to stall. The altcoin trend has become much more pronounced lately. Back in 2023 and 2024, Bitcoin primarily led the market. Today, the spotlight seems to be shifting toward altcoins, and this shift could very well be the reason behind Bitcoin’s lack of price momentum.

In the near term, the market is expected to continue its consolidation phase. An uptrend is, however, expected to resume by the fall of 2025, as forecasting analysts report. The outlook for the latter part of 2025 seems optimistic, as a rate cut is anticipated in September, along with altcoin spot ETFs in October.

Is a Breakout Coming Soon?

Recent Bitcoin Therapist’s technical analysis has brought the focus on some key indicators that point towards a breakout. Along with the chart, the Bitcoin Therapist explained the relevance of the Stochastic RSI, which is a technical indicator used to measure momentum and potential bullish triggers. The oscillators at the bottom of the chart, which are one of those indicators, line up chronologically with several instances in the past when the fractal experienced shocks.

Each time the oscillators displayed certain patterns, it entered a new phase of rapid growth, marked by substantial price increases. This pattern has led some analysts to predict that the crypto may be poised for another major rally. The historical data combined with current market signals suggests that Bitcoin’s price could potentially break previous all-time highs.

As of now, the momentum indicators seem to be aligning similarly to past "bull runs." Analysts are particularly focused on how these indicators could trigger an upward shift in the market. With more institutional interest and positive market sentiment, the price could surge to new levels. Some even speculate that it could reach up to $500,000.