Crypto analyst Ali Martinez has released several new insights, offering potential dates and price predictions for Bitcoin’s next peak. According to Martinez, if Bitcoin follows the pattern of its previous two cycles, BTC could reach a new high in October 2025.
A Bold Prediction for Bitcoin’s Peak
Martinez offers an intriguing prediction about where Bitcoin’s next top could be. He suggests that if Bitcoin’s Long-Term Power Law holds true, the next market peak might see Bitcoin trading around $400,000.
Adding to this, Martinez notes that BTC miners recently capitalized on the latest price surge, earning $16 million in profit by selling some of their holdings.
As of today, Bitcoin’s price has crossed $64,000 for the first time in a long while, experiencing a 6.38% increase over the last 24 hours.
Concerns in the Altcoin Market: Toncoin at Risk?
Martinez also touched on the altcoin market, specifically pointing to concerns around Toncoin (TON) due to privacy worries linked to Telegram. He warns that TON could face a wave of sell-offs, suggesting that its price might follow a similar path to Celestia (TIA).
Investors are keeping a close eye on both Bitcoin and Toncoin, as these assets could see significant moves in the coming months.