Bitcoin may hit a cycle top of $150,000 by October, based on halving-cycle fractals. New BTC investor activity is rising, signaling more upside potential. Analyst CryptoBullet predicts a peak around $150,000 by October. BTC tends to peak around 518 to 546 days post-halving, with the most recent halving in April 2024.

Bitcoin long-term holders are not selling yet, indicating a potential price rally. Onchain data shows young coins represent 30% of market activity, below previous peaks of 64% and 72%. Growing demand from new investors and steady accumulation by institutions are balancing the market, supporting a healthy late bull cycle.

Read more at Cointelegraph: Bitcoin Has Another Three Months to its October BTC Bull Cycle Top: Analysis