As Bitcoin continues its impressive performance this year, several prominent analysts have forecasted that the cryptocurrency's current bull market, which recently hit a record high above $112,000, will peak by September or October 2025. Notable crypto analysts, including Rekt Capital, Willy Woo, Michael van de Poppe, and veteran trader Peter Brandt, have all indicated a nearing end to the ongoing Bitcoin bull run, with potential further gains before a significant cooldown.
Bitcoin has been experiencing an exceptional rally, surging nearly 18% this year alone and a remarkable 78% since the last Bitcoin halving event in May 2024. Following the recent bullish momentum, BTC reached a new all-time high of approximately $112,000, reaffirming its status as one of the strongest performing assets of 2025.
However, despite the ongoing optimism among traders and investors, market analysts are now forecasting that the current bull cycle might be nearing its peak, potentially ending as early as mid-September or October.
In a recent analysis shared via social media platform X on July 9, the widely-followed crypto analyst Rekt Capital provided insights based on Bitcoin's historical price behavior, emphasizing the significance of the halving event. According to Rekt Capital’s historical analysis, Bitcoin's past bull market cycles typically reach their peaks around 518 to 546 days following the halving event.
Aligning with historical trends, he predicts this bull run's peak will occur in mid-September or mid-October 2025.
Federal Reserve Rate Cuts and Bitcoin’s Bull Market
Interestingly, the projected timeframe for Bitcoin’s bull market peak coincides with anticipated monetary policy adjustments by the United States Federal Reserve. According to data from the CME FedWatch Tool, financial markets expect the Fed to implement two rate cuts, each of 25 basis points, before the year ends. The first cut is anticipated in September, aligning precisely with analysts’ predictions for the Bitcoin bull market climax.
Historically, Bitcoin's price trajectory has shown sensitivity to macroeconomic developments, including Fed policy decisions. Rate cuts usually provide favorable conditions for risk-on assets, including cryptocurrencies, potentially giving BTC additional short-term bullish momentum.
Amidst predictions of an approaching bull market peak, several analysts still foresee substantial short-term growth for Bitcoin. Matrixport, a prominent crypto financial services firm, previously predicted that Bitcoin’s price could reach $116,000 by the end of July, based on historical performance. According to their analysis, Bitcoin has historically generated an average of 9.1% monthly gains during July, a phenomenon observed in seven out of the last ten years.
Adding to the bullish sentiment, veteran trader and analyst Peter Brandt recently noted a bullish "flag" breakout pattern for Bitcoin. Brandt, known for accurately forecasting previous crypto market moves, argues that this bullish formation signals a potential price rally that could propel Bitcoin as high as $135,000 before entering a bearish phase.
On-chain Indicators Signaling Market Maturity
Respected crypto analyst Willy Woo highlighted in June that Bitcoin appears to be entering the late phase of its bull market. Woo’s analysis draws from comprehensive on-chain metrics, which indicate diminishing upward momentum and signs of distribution among long-term investors. Woo suggests that Bitcoin’s price is increasingly vulnerable to broader macroeconomic shifts, asserting that once global markets turn bearish, Bitcoin could follow suit swiftly.
Woo’s comments align with the view that institutional adoption and integration of Bitcoin into traditional financial markets have amplified the cryptocurrency’s sensitivity to global economic trends, thus affecting its volatility and long-term cycle dynamics.
Institutional involvement continues to be a significant factor influencing Bitcoin’s price dynamics. Recent significant purchases from public companies and Bitcoin exchange-traded funds have further reduced the available supply, contributing to upward price pressure. Nevertheless, institutional buying typically comes with strategic profit-taking, which could accelerate as Bitcoin approaches analysts’ forecasted peak price targets.
Final thougths
At the time of writing, Bitcoin’s price stands at around $108,875, demonstrating mostly sideways action over the past 24 hours. The cryptocurrency has experienced a relatively narrow trading range, oscillating between a 24-hour low of $108,126 and a high of $109,198. Simultaneously, trading volumes have notably decreased by around 10% in the same timeframe, signaling short-term consolidation and caution among traders.
The muted recent price action could reflect market participants cautiously awaiting confirmation signals before initiating new positions in anticipation of the final bullish phase forecasted by analysts.
Despite predictions of a looming market peak, the overall sentiment among investors remains cautiously optimistic, buoyed by Bitcoin’s robust performance since the last halving. However, caution remains prevalent, given the asset’s historical volatility and potential susceptibility to abrupt reversals.
The approaching Federal Reserve rate cuts, combined with growing institutional participation and strong historical seasonality, suggest Bitcoin could experience a notable final upward push before entering a prolonged correction phase.