Only three months may remain until the bull phase for the leading cryptocurrency ends, according to X commentator CryptoBullet, who draws on post-halving patterns.
#BTC Bull Cycle: only 3 months left.
Tick tock, tick tock ⌛️ 😁 https://t.co/9CoXGYBziW pic.twitter.com/9tYGZ82GXd
— CryptoBullet (@CryptoBullet1) July 31, 2025
In his view, bitcoin’s price peak typically arrives 518–546 days after a miner-reward reduction. The most recent halving occurred on April 20, 2024.
If that template holds, just over 70 days remain before a potential market top.
$150,000+
Wealth Mastery founder Lark Davis highlighted a weekly-chart bullish pattern, an inverse head-and-shoulders, with an implied target above $150,000.
Bitcoin – Inverse Head and Shoulders
This pattern has a price target of $150,000+
It also aligns with the 2.618 Fibonacci extension – drawn from the 2021 cycle top to the bear market bottom.
The target is set.
Now it’s just a matter of time. pic.twitter.com/RQxlZeHqVv
— Lark Davis (@TheCryptoLark) July 31, 2025
He added that the formation aligns with the 2.618 Fibonacci extension drawn from the 2021 cycle top to the bear-market low.
Whales hold firm
On-chain data back the case for a high probability of further gains in the coming months.
CryptoQuant analyst Axel Adler Jr. has observed a continuing rise in activity by “young investors” since July 2024.
By his count, this cohort currently accounts for just 30% of liquidity—during local price highs in March and December 2024, the share reached 64% and 72%, respectively.
“The current 30% reading is only halfway to ‘overheated’ levels. The trend is up,” Adler Jr. stressed.
This points to an influx of new participants, while pressure from more experienced players remains limited, he added.
The researcher noted there is room for the uptrend to extend towards the “euphoria zone”, typically associated with 60–70% readings.
Experienced players are selling only moderately: a ratio of 0.3 means the supply of coins older than three years is being absorbed by demand from new entrants without sharp volatility. In the context of holder capitulation risk, “the market looks balanced”.
If the gauge starts rising quickly towards 0.6–0.7, a wave of profit-taking and a subsequent correction are possible. For now, the supply-demand balance points to a late but resilient bull phase: capital is flowing in, and seasoned holders have yet to give up positions en masse.
The cyclical indicators compiled by CoinGlass do not yet signal significant overheating or a market top:
In particular, the popular MVRV Z-Score has not even reached halfway to the red overbought zone:
At the time of writing, the leading cryptocurrency is trading around $114,900. Over the past 24 hours, the asset has fallen by 3%, according to CoinGecko.
Earlier, the analyst known as Rekt Capital said the bull market would conclude in the autumn.