- Bitcoin’s bull cycle may extend six more months, aligning with historical patterns.
- Rising M2 money supply suggests macroeconomic support for Bitcoin’s uptrend.
- Drop in Mean Dollar Age signals renewed trading activity from retail and whales.
Bitcoin’s ongoing bull cycle shows no signs of slowing down as it enters month 29 of a projected 35-month rally. Several indicators suggest that the world’s largest cryptocurrency could see further gains before hitting its peak. This is based on the widely-followed “Time & Cycles Strategy,” currently aligning with past market behavior.
If historical patterns remain intact, Bitcoin may still have six months of upside before reaching its cycle top. Analysts and data firms are closely watching multiple indicators, all of which point toward continued strength in the market.
Time & Cycles: A Historical Blueprint
Titan of Crypto, a market analyst known for his time-based strategies, has emphasized the reliability of Bitcoin’s cycle structure. According to his analysis, Bitcoin typically undergoes a 13-month bear phase, followed by a 35-month bull cycle.
The current cycle began after the 2022 low and is now in its 29th month. If the pattern persists, the top could arrive near month 35 placing a potential peak between late 2025 and early 2026.
So far, Bitcoin has followed a similar parabolic rise seen in previous bull runs. Resistance near the $110,000 mark has been noted, with a possible extension toward $150,000 if momentum continues. This projection gains more credibility with current market behavior resembling the 2017 and 2021 cycles.
Macro Factors Strengthen Bitcoin’s Case
CryptoRank has drawn attention to Bitcoin’s growing correlation with global M2 money supply. Historically, changes in money supply lead Bitcoin movements by around ten weeks.
Based on current M2 forecasts, analysts see room for further gains. This macroeconomic alignment reinforces the bullish sentiment already fueled by cyclical analysis.
Global Money Supply Leads Bitcoin Price
— CryptoRank.io (@CryptoRank_io) May 22, 2025
As $BTC has grown to become the fifth-largest asset by market capitalization, its correlation with global M2 money supply has become more noticeable. The chart includes a 10-week forward projection of M2, which historically tends to lead… pic.twitter.com/MXXppxydZM
Additionally, Santiment’s on-chain data provides further evidence. A key metric, Mean Dollar Age, has dropped from 441 to 429 days since April. This metric tracks how long coins remain dormant.
Younger average age often signals increased trading activity, indicating strong retail and institutional interest. This trend aligns with the continued rally, as older holdings are reintroduced into circulation.
Market Momentum Holds Strong
Despite a slight 24-hour dip of 0.19%, Bitcoin remains robust with a 7-day gain of 6.38%. As of today, Bitcoin trades at $110,643 with a market cap nearing $2.2 trillion. With 20 million coins in circulation, market sentiment remains positive.
