• Bitcoin closes the weekly chart at a bullish price.
  • The pioneer crypto asset is preparing to make a major upward movement.
  • Analysts expect the Bitcoin bull cycle top price to arrive in November 2025.

Bitcoin broke past the $69,000 price barrier before tracing back to the $68,000. Despite this, the crypto market remains in a ‘Greedy’ state with a score of 72 on the Crypto Fear & Greed Index . With Bitcoin (BTC) price having gone over the $69,000 price, this put the pioneer crypto asset at a bullish weekly close which means a +9.84% weekly pump. 

Has Bitcoin’s Q4 Pump Begun?

$69,000 #Bitcoin

+9.84% so far this week

Lets round it up to +10% in the next 30 minutes.. pic.twitter.com/eFaLlZJjkv

— Bitcoin Archive (@BTC_Archive) October 20, 2024

With Bitcoin (BTC) having closed the week in a green state, this means the asset has closed above a 7-month-long resistance . This close marks a long and highly anticipated bullish close, a signal that confirms a bullish Q4 for Bitcoin and the greater crypto market. Presently, according to CoinMarketCap data, the 24-hour trading volume for BTC is up by $73.55%.

This bullish momentum has led many analysts to return their sights to the bullish future of the upcoming crypto bull run phase. In detail, one analyst expects the pioneer crypto asset to start shooting up towards setting new ATHs. He expects this venture into price discovery phase to finally bring Bitcoin (BTC) price to the Bitcoin cycle top range. 

#Bitcoin Cycle Top 🌋

The #BTC cycle top could occur in November 2025 and it may be much higher than most expect. 🚀 pic.twitter.com/BqsQzcTZ0M

Read CRYPTONEWSLAND on google news

— Titan of Crypto (@Washigorira) October 20, 2024

As we can see from the post above, he believes that the BTC cycle top could occur in November 2025 and this number could be much higher than expected. Similar forecasts and predictions have been shared by other analysts as well. These include high cycle top predictions to that of $550,000 .

Another analyst encourages crypto traders and investors to work smartly during the bull run phase. He advises them with what he believes to be a simple plan . He says to buy BTC 500 days before the Bitcoin Halving event and to sell BTC 500 days after the Bitcoin Halving event, and expresses the fault of overtrading.

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