As Bitcoin ( BTC ) consolidates around the $110,000 level, technical indicators suggest that the asset’s current bull cycle may be nearing its 0 to prominent online analyst TradingShot , the maiden cryptocurrency is approaching a potential market peak in late 2025, to be followed by a significant correction into 1 a TradingView post on September 5, the analyst noted that historical data shows Bitcoin’s market structure often follows a recurring rhythm of tops, bear phases, and cycle 2 super cycle has tended to top out near the 0.786 Fibonacci time extension before entering a prolonged 3 price analysis chart.
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