Bitcoin’s strong upward move, triggering a bull market phase, has stalled after hitting a new all-time high. However, the pullback does not imply that the ongoing bull market has ended, as on-chain signals point to sustained strength.
Presently, Alphractal revealed the sentiment index is hinting at a new distribution phase as it continues to grow. When this stage is achieved, the current bull cycle is expected to come to an end, and Bitcoin will be at its most extreme level.
The platform has recollected its take on October 2025 being a critical month for Bitcoin, where fractal analysis, on-chain data, and technical metrics all suggest a possible market exit opportunity. This implies that October appears to be a good contender for the cycle peak, even if Bitcoin rallies or plummets in the days ahead.
