Bitcoin News Today: Bitcoin Bull Run May Peak in Months as Analysts Cautiously Forecast Corrections

The current bull market in cryptocurrencies remains a topic of heated debate, with analysts offering a range of predictions on its potential duration. According to Joao Wedson, a prominent cryptocurrency analyst, Bitcoin is approaching the end of its long-term investment cycle, although the broader bullish trend is far from over [1]. Wedson’s analysis, based on on-chain metrics such as old BTC movement, the Reserve Risk Indicator, and the SOPR Trend Signal, suggests that Bitcoin could see at least two more months of upward momentum, while altcoins may have three months before entering a correction phase [1].

Wedson emphasized that although ETFs and mining activity have increased in influence, it is still the behavior of long-term investors and major exchanges that primarily drive market trends [1]. He noted that half of the Bitcoin held in ETFs has already been sold, indicating a shift in market sentiment and a potential weakening of the long-term investor base [1].

While Wedson maintains a cautiously optimistic stance, other analysts have sounded more alarmist. Xanrox, a well-known crypto analyst on TradingView, has warned that the bull market may be nearing its peak, with a possible 50% drop in Bitcoin’s price to $60,000 [3]. This forecast underscores the volatile nature of the market and highlights the risks investors face as the cycle matures.

Meanwhile, some experts argue that altcoins are currently in an accumulation phase, with historical patterns from the 2021 bull run suggesting that a breakout in altcoin performance could follow once Bitcoin stabilizes and builds further momentum [2]. Analyst Michaël van de Poppe notes that Bitcoin’s correction phase often precedes a surge in altcoin activity [2]. However, this does not necessarily mean that altcoins will outperform Bitcoin, as the overall market strength remains a critical factor [2].

Further insights from YouHodler indicate that altcoin performance typically follows major Bitcoin price movements, with capital often shifting from Bitcoin into Ethereum and other altcoins during bullish phases [4]. This pattern aligns with the idea that altcoins tend to gain traction once Bitcoin has consolidated and established a stronger trend [4].

The DeFi Investor, however, cautions that a full-scale altcoin season may not unfold in the same way as in 2021 [5]. With the proliferation of new altcoins, outperformance now depends on careful selection of projects with strong narratives, active communities, and robust token economics [5]. The report emphasizes the importance of identifying trends that are gaining momentum on social media and aligning with broader market sentiment [5].

Market participants are also monitoring Bitcoin’s dominance as a key indicator of the bull run’s health. A report from Mitrade notes that high Bitcoin dominance often precedes and accompanies bull markets [6]. As Bitcoin consolidates around the $118,000 level, bulls are defending key support levels, suggesting that the long-term uptrend structure remains intact [7].

Despite the positive signs, investors are urged to remain cautious. Analysts recommend evaluating growth metrics, token economics, and community engagement before committing capital. Projects with strong user mindshare, active social media presence, and clear utility are more likely to deliver sustained returns [5]. Additionally, those with sound tokenomics, including controlled inflation rates and meaningful utility, tend to perform better in the long run [5].

As the market continues to evolve, the next major catalysts—such as protocol upgrades, product launches, and regulatory developments—will play a crucial role in determining the trajectory of the bull run. Until then, the market remains in a state of anticipation, with both bulls and bears closely watching for potential turning points.

[1] Source: [1] How Long Will the Bitcoin and Altcoin Bull Run Last? Analyst Gives a Timeframe. (https://en.bitcoinsistemi.com/how-long-will-the-bitcoin-and-altcoin-bull-run-last-analyst-gives-a-timeframe/)

[2] Source: [2] Altcoins Accumulation Phase Continues: Breakout Expected After Bitcoin (BTC) Correction, Says Michaël van de Poppe. (https://blockchain.news/flashnews/altcoins-accumulation-phase-continues-breakout-expected-after-bitcoin-btc-correction-says-micha-l-van-de-poppe)

[3] Source: [3] Bitcoin Bull Market Is Over? Analyst Calls 50% Crash To $60,000. (https://cryptorank.io/news/feed/02c30-bitcoin-bull-market-is-over)

[4] Source: [4] Undervalued Crypto 2025: Bull Run Investment Guide. (https://www.youhodler.com/blog/leading-undervalued-crypto)

[5] Source: [5] The bull market pauses, here are four key points for. (https://www.panewslab.com/en/articles/xrzy1ng0)

[6] Source: [6] Bitcoin Price Forecast: BTC extends consolidation as. (https://www.mitrade.com/insights/news/live-news/article-3-1001666-20250731)

[7] Source: [7] Bulls, Bears, and Memes: Navigating Crypto's Volatile Crossroads. (https://medium.com/@powertrade_options/bulls-bears-and-memes-navigating-cryptos-volatile-crossroads-july-31-market-insights-37a4d529003e)