Cryptocurrency analyst Aralez revealed that Bitcoin is entering an accumulation zone that could push it to a new all-time high (ATH). The analyst indicated that Bitcoin may rise to a level of up to $250,000 in… The next bull market.
The analyst reveals that Bitcoin has entered the main accumulation zone
in Share XAralez stated that Bitcoin is near a major accumulation zone, with BTC following a similar script to previous bear market cycles. He pointed out that the leading cryptocurrencies witnessed losses of 87%, 84%, and 77.5% from their highest levels in 2013, 2017, and 2021, respectively. Now, Bitcoin is down about 42% from its level High October 2025 Valued at $126,000.
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The accompanying chart showed the analyst that Bitcoin could reach around the $40,000 level in this regard. Bear market Before then rising to a new all-time high on the next bull run. The bottom is expected to occur between now and the beginning of next year. Meanwhile, the chart also showed that Bitcoin could rise to a level of $250,000 by 2029.
Aralez’s analysis comes amid the recent decline in Bitcoin, with the leading cryptocurrency falling below $71,000 and now at risk of falling below the psychological level of $70,000. The recent decline came as Michael Saylor’s strategy has been announced They sold 32 Bitcoin. It was the first time the largest bitcoin treasury firm sold bitcoin since 2022, when it sold for a tax loss harvesting trade.
At the same time, a peace deal between the US and Iran seems unlikely any time soon, which is also bearish for Bitcoin. Iran has suspended negotiations with the United States over ceasefire violations, sending Bitcoin falling below $71,000. The leading cryptocurrency also failed to record any noticeable rebound, even as US President Donald Trump stated that negotiations are still ongoing.
BTC breaks the 4-month ascending channel
In another Share XAralez revealed that Bitcoin has just broken a 4-month bullish channel and has lost a key support after testing the $70,000 area. The analyst then outlined what he expects next BTC price actionwith acceptance occurring below $73,000 and then a liquidity sweep of around $70,000.
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The analyst also stated that a relief bounce could follow, with a retest near $74,000, then a decline towards $65,000, $60,000, and finally $58,000. He also warned that the mini rally is likely over and that the broader trend is still pointing towards it New local lows. Aralez added that there may be short-term bounces, but anticipating a new high above $83,000 could be costly.
At the time of writing, Bitcoin is trading at around $70,500, down more than 3%, according to Data From Coin Market Cap.
Featured image from Pixabay, chart from Tradingview.com
