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Bitcoin (BTC) briefly topped $123,000 on July 14, reaching a new all-time high amid rising institutional interest. With a lot of speculation about the token’s upside circling around, the rally has brought a lot of attention to the Pi Cycle Top Indicator. Using the 111-day and a modified 350-day moving averages to predict when the token might approach the end of the bull run, the Pi Cycle Top Indicator has historically been known as one of the most accurate market timing tools in crypto. According to market analyst Rekt Capital, the averages now suggest that Bitcoin could peak between $130,000 and $170,000 as early as late 2025. Bitcoin Pi Cycle Top Indicator. Source: Rekt Capital Bitcoin upside up to $170,000  According to Rekt Capital’s Analysis , the recent momentum is pushing the 111-day moving average up rapidly. Indeed, on June 1, the average was sitting around $92,000, but has since then jumped to approximately $98,000. Accordingly, the pr...

Bitcoin soared past $88K on Monday, hitting one of its coveted and ambitious all-time highs. The token has followed a projected path. Its euphoric rise can be accredited to the current US election win, where pro-cryptocurrency candidate Trump was crowned as the next US president. That being said, some analysts believe Bitcoin’s touch to $88K its just the beginning and that its road to $240K is crystal clear provided one key support holds the token together till the end. Also Read: Trump To Appoint Pro-Crypto Candidates for Key Federal Agencies Peter Brandt’s Bitcoin Prediction: Can BTC Truly Touch $240K? Source: Watcher Guru Experienced analyst Peter Brandt has yet again come up with a new explanation, spotting a rare pattern that could indicate BTC’s surge to $240K. Brandt’s Analysis talks about an emerging head-and-shoulders pattern that Bitcoin’s chart has been forming since 2020. The expert took to X to discuss the chart in detail, adding the game-changing pointers that may h...