Bitcoin (BTC) has spent 195 days in sideways movement since December 2024, with just 36 days of significant gains defining the current cycle. Analyst Crypto Con highlights prolonged consolidation phases, lasting up to 238 days, with brief expansion bursts driving all major price increases. Despite the sluggish trend, the cycle may not be over—Bitcoin could be building pressure for a breakout, with potential upside targets between $165,000 and $180,000 (a 54%+ increase from current levels). Past expansions have occurred in narrow 2-5 day windows, suggesting the next major move could arrive swiftly.
about Bitcoin's 195-Day Sideways Trend: What's Next?Crypto Con
0 posts last weekCrypto IPOs Surge as Market Matures: Circle, Gemini Lead
The crypto market is witnessing a surge in IPOs, driven by regulatory clarity and growing institutional adoption. Tracy Jin, COO of MEXC, emphasizes that the sector has evolved from its scrappy origins to a structured ecosystem with audited financials and scalable revenue models. Circle’s recent $1.1 billion public debut, which saw a 167% first-day gain, underscores this shift. Crypto exchanges now mirror traditional financial institutions, complete with compliance teams and long-term capital strategies, marking a new era of market maturity and investor confidence.
about Crypto IPOs Surge as Market Matures: Circle, Gemini LeadBitcoin May Still Have Room for Parabolic Rally, Analyst Says
A crypto analyst has suggested that Bitcoin (BTC) may still be poised for another parabolic rally, despite recent price pullbacks. Using Da Prof’s well-regarded cycle top indicators—a model combining thirteen on-chain and market metrics—the analysis shows Bitcoin has yet to enter the ‘cycle top’ zone, historically linked to major market peaks. While parabola signals, typically early indicators of explosive rallies, have flashed three times this cycle, Bitcoin has not yet entered a true parabolic phase. The analyst speculates that the absence of a cycle top combined with these signals could mean the true bullish climax is still ahead, potentially in 2025.
about Bitcoin May Still Have Room for Parabolic Rally, Analyst Says