After dumping for one and a half straight month, $ICP is getting closer to its key support level from October.
Bounced already 4 times from there.
Bulls won't certainly give up without a fight.
A weekly close behind this level (that held in Sept. 2023 too) would mean an all-time low.
Accumulating some $ICP around here seems smart. Especially since BTC won't crash forever and may very well recover a bit within 1-2 months $ICP #icp #BTC
#BTCBackto100K Bitcoin Cycle Top (Price and Date): Bear Market (Price and Date)
Table of Contents
Market Musing-g
Bitcoin Cycle Top (Price and Date): Bear Market (Price and Date)
BASEDTOPBTCCRYPTOWHEN

By Times Tabloid
6 minutes ago
•
4 mins read

Table of Contents
Understanding the 21-Month EMA and Market Cycles
Projected Timeline: Cycle Top and Bottom
Price Projections: Peak and Trough
Implications for Investors and the Broader Market
In a comprehensive analysis shared on X, renowned crypto analyst EGRAG Crypto has projected that Bitcoin (BTC) could reach a cycle top of approximately $170,000 by October 2025. This forecast is grounded in Bitcoin’s historical market cycles and key technical indicators, particularly the 21-month Exponential Moving Average (EMA), which EGRAG identifies as a pivotal marker distinguishing bull and bear markets.
Understanding the 21-Month EMA and Market Cycles
EGRAG emphasizes the significance of the 21-month EMA in assessing Bitcoin’s macro trend. Historically, when BTC’s price remains above this moving average, it indicates a sustained bull market, whereas a drop below suggests a transition into a bear market. This pattern has been consistently observed across previous cycles, providing a reliable framework for predicting market movements.
Projected Timeline: Cycle Top and Bottom
Analyzing the durations from previous cycle tops to bottoms, EGRAG notes a recurring pattern:
Cycle 1: 396 days
Cycle 2: 365 days
Cycle 3: 365 days
Based on this consistency, EGRAG projects that the current cycle will follow a similar trajectory, with the cycle top occurring around October 2025 and the subsequent bottom between October and November 2026. This implies a bear market duration of approximately 365 to 396 days, aligning with historical precedents.