<ul data-eligibleForWebStory="true"><li>On-chain analyst Ali points out a critical support zone for Bitcoin at $102,044 based on Glassnode’s MVRV Extreme Deviation Pricing Bands.</li><li>If Bitcoin fails to hold this support level, the next mean reversion target could be around $82,570, as per the MVRV model.</li><li>Merlijn The Trader suggests that the blow-off top for Bitcoin tends to come months after hype peaks, indicating the possibility of a parabolic rally ahead.</li><li>The final euphoric spike following halvings in previous cycles occurred late in the year, with the most recent halving in 2024 suggesting potential for significant gains in 2025.</li><li>Merlijn advises against being shaken out by market makers, noting that the current consolidation period is normal before a blow-off top.</li><li>Historical patterns and on-chain models indicate that Bitcoin's peak may not have been reached yet, with key levels to watch being $102,000 and potential breakout strength above recent highs.</li><li>Analysts emphasize patience as the 2025 Bitcoin cycle unfolds, suggesting that the true peak may still be ahead.</li></ul>

Bitcoin’s True Peak May Still Be Ahead, Analysts Suggest

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