How long can BTC rise? Analyst reveals the top time of the bull market: fear of encountering a US economic recession

Copper.co analysts suggest that if we can refer to historical trends, the BTC bull market may peak in May next year, about 200 days from now. Despite the lingering shadow of the U.S. economic recession, analysts point out that technical indicators such as the relative strength index (RSI) indicate that BTC still has a "significant upside potential" in the coming months.

In the latest report, the Copper.co research team conducted an in-depth analysis of the market capitalization rise trajectory of BTC during previous bull and bear cycles, and found that the average duration of BTC's market cycle is about 756 days, starting from the 'Market Caprise turnaround' and ending at the 'price peak'.

Copper.co's research director, Fadi Aboualfa, said that the current BTC cycle began in the middle of 2023 and has lasted for 554 days. Based on this calculation, BTC's 'peak moment' will occur in about 200 days, around the middle of 2025.

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BTC may face a U.S. economic recession at its 'peak' moment.

Copper.co's report also mentioned that the "BTC peak" and the "US economic recession" may occur simultaneously. Analysts cited JPMorgan Chase's report that the probability of the United States entering an economic recession in the second half of 2025 is as high as 45%, coinciding with the time when analysts expect BTC prices to peak.

The report further states that although Bitcoin has shown a certain degree of resilience in the past during economic downturns, concerns about economic recession may still affect investor sentiment and thus impact the cryptocurrency market.

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Technical indicators show that BTC still has room for growth.

Even if there may be an economic recession in 2025, Copper.co analysts remain optimistic about the growth potential of BTC. They pointed out that technical indicators such as the Relative Strength Index (RSI) show that BTC still has room for further upside.

The report pointed out that the current RSI of BTC is only 60, far below the high point of the past Bull Market, indicating that BTC is expected to continue to rise in the new year.

[Disclaimer] The market carries risks, and investment should be cautious. This article does not constitute investment advice, and users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investing based on this is at one's own risk.

This article is authorized to be reprinted from: Block Client

'How long can Bit coin rise? Analyst reveals the timing of the peak of the bull market: fearing the economic recession in the United States.' This article was first published in 'encryption City'