TechFlow news, January 13 — According to Cointelegraph, analyst Dave the Wave, through research on the 52-week simple moving average (SMA), suggested that Bitcoin's price may reach a cycle peak around July 2025.
Dave the Wave noted that historically, when the 52-week SMA touches the median line of the logarithmic growth curve (LGC) channel, Bitcoin tends to top out. This pattern was observed during the bull markets of 2013, 2017, and 2021, although actual peaks may occur days or even months before or after the signal. The analyst believes the decreasing slope of the moving average indicates a gradually maturing market.
Rekt Capital pointed out that the current price correction has lasted four weeks, placing it at the end of the "initial price discovery correction" phase, typically occurring in weeks 6–8 of a parabolic stage. Analyst Axel Adler Jr. added that this correction is milder compared to the over 26% pullback seen between July and August 2024, noting that such mild early-year corrections are relatively common in the year following a halving event.
