After a rather turbulent week of negotiation, Bitcoin prices are now less than $ 110,000, which represents a decrease of 12% compared to its top of all time to $ 124,457. In the midst of this situation, popular analyst Ted Pillows shared a daring prediction of the market that would raise fears of an imminent cycle top.
Institutional demand to extend the cycle of the Bitcoin market to 2026
A typical cycle of the cryptography market has always culminated in the fourth quarter of the fourth year. This timing generally corresponds to the post-recompress media and a strong wave of demand for retail and institutional market. Such behavior is observed in the last two cycles when Bitcoin reached an amount of $ 19700 in December 2017, and $ 69,000 in November 2021. However, Ted pillows apply the current market is likely to present a different model, which aligns the American commercial cycle.
Generally, US trade policy has been focused on liquidity, interest rates and inflation all play a heavy role in the demand for bitcoins. In particular, the American federal reserve implemented its first drop in rate of 2025 in September, and market analysts expect the monetary authority to maintain this dominant approach for the next six months. In particular, JP Morgan predicts that the Fed will implement two other rate drops in 2025 and one in 2026. This drop in interest rates should increase investors’ access to liquidity through loan and support investments in risk assets such as Bitcoin.
In addition, the introduction of Bitcoin Spot ETF also changed the structure of the entrances. In particular, these investments have improved the ease of institutional investment in Bitcoin, current cumulative FNB entries worth 57.23 billion dollars. Above all, these heavy entries, associated with the emergence of Bitcoin cash companies, have all contributed to the maturation of the Bitcoin market which is now likely to be motivated by macroeconomic cycles rather than by traditional crypto-native cycles.
If the American market forces prove to be dominant, TED pillows expect Bitcoin to reach a peak in the T1 or T2 2026, which indicates the potential for higher price objectives despite recent price reductions.
Bitcoin heading around $ 112,000?
In the past hours, Bitcoin has shown strong resilience to bounce back on price support of $ 109,000. According to a separate pillows analysis post, the first cryptocurrency is probably directed to recover the resistance price level of $ 112,000.
If the market bulls successfully overcome this barrier, a more in -depth analysis suggests a potential increase at $ 117,000. Alternatively, another $ 109,000 retest could lead to a decisive break below this level of support, growing prices as low as $ 101,000. At the time of writing this document, Bitcoin Hand exchange at $ 109,420, reflecting a drop of 0.25% in the last day.
