According to @CryptoMichNL, the current phase signifies the end of the bear market for altcoins rather than the end of the broader bull market, based on a business-cycle framework where altcoin lows form during the least favorable macro periods, with prior cycle lows cited in Q2 2012, Q1–Q2 2016, and Q1 2020, source: @CryptoMichNL. According to @CryptoMichNL, spot Bitcoin ETF flows have altered market structure by creating a higher BTC floor above the previous all-time high—often around $100k—suggesting Bitcoin’s main upside leg is still ahead and that the next bull market could be larger and longer than the historical four-year cycle, source: @CryptoMichNL.

According to @CryptoMichNL, BTC’s current regime is framed as a bull-versus-bear inflection, with positive on-chain signals suggesting the cycle may persist, source: https://twitter.com/CryptoMichNL/status/1991178403089625168. He raises a discussion level around a potential 90,000 BTC bottom as part of scenario planning for traders monitoring cycle sustainability, source: https://twitter.com/CryptoMichNL/status/1991178403089625168. He directs viewers to a detailed video for the underlying metrics and context, source: https://youtu.be/f33839VLhTA.

According to @TATrader_Alan, the BTC monthly chart has not printed a blow-off top in the current cycle, indicating the bull run is not finished. source: X post by @TATrader_Alan, Nov 2, 2025. From a trading perspective, this view favors maintaining a bullish bias on higher timeframes until a terminal blow-off top forms, with the monthly chart as the key trigger to watch. source: X post by @TATrader_Alan, Nov 2, 2025.

According to TATrader_Alan, Bitcoin (BTC) could reach its next major price peak in October 2025. This forecast is based on a historical analysis of a 47-month peak-to-peak interval observed in previous market cycles. The analyst notes that the current price action for Bitcoin is in what they term 'Impulse II' on the monthly chart, suggesting a continuation of upward momentum towards this projected timeline.