Bitcoin Approaches Cycle Top with AB=CD Completion in Sight
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BTCUSDT continues its bullish macro structure, now advancing towards the projected cycle top zone at $160,524, completing a textbook AB=CD harmonic formation. The BC leg retraced precisely 0.584 of AB, aligning with a 2.423 CD extension, confirming a strong harmonic symmetry.Price is currently trading around $116,569 after breaking through key resistance levels, with the Immediate Demand Zone resting at $110,198. This zone will act as the first major defense level if a short-term correction occurs.
Market structure suggests a potential blow-off top formation into October/November 2025, marking the probable end of the current cycle. Do check out our Bitcoin lifecycle thread for clarity on the reason for picking cycle top.
POTENTIAL BITCOIN LIFECYCLE1 738
BTCUSDT continues its bullish macro structure, now advancing towards the projected cycle top zone at $160,524, completing a textbook AB=CD harmonic formation. The BC leg retraced precisely 0.584 of AB, aligning with a 2.423 CD extension, confirming a strong harmonic symmetry.Price is currently trading around $116,569 after breaking through key resistance levels, with the Immediate Demand Zone resting at $110,198. This zone will act as the first major defense level if a short-term correction occurs.
Market structure suggests a potential blow-off top formation into October/November 2025, marking the probable end of the current cycle. Do check out our Bitcoin lifecycle thread for clarity on the reason for picking cycle top.
POTENTIAL BITCOIN LIFECYCLEDeciphering Bitcoin's Cyclical Trends & Phases
Momentum remains firmly bullish, with the upward curve indicating buyers remain in control until exhaustion patterns emerge near the cycle projection zone.
Plan: Hold long positions into strength, scale out as BTC approaches the $160K cycle top zone, and prepare for a potential macro reversal as the cycle matures. Monitor lower timeframes for divergence signals as we approach the final leg.
If this structure aligns with your outlook, feel free to share your thoughts in the comments.
You’re also welcome to drop your preferred altcoins for a quick technical review.