[Analysis] "Bitcoin Bull Market Nearing End...Possible Correction Until October Next Year"

An analysis has emerged suggesting that the rally of cryptocurrencies like Bitcoin (BTC) is nearing its end.

According to Daily Hodl on the 26th (local time), cryptocurrency trader Jason Pizzino recently stated on X that "the volatility of cryptocurrencies like Bitcoin has dramatically increased," indicating that "this suggests we are much closer to the end of the (bull) cycle than the beginning."

Pizzino predicts that Bitcoin's price could undergo a correction by October next year, based on the observation that prices tend to stagnate when the cryptocurrency market overheats and investor confidence grows. Pizzino mentioned, "(The correction period) is expected to be somewhere between the second and early fourth quarter of next year," adding, "Most people will not be able to endure 6 to 10 months of stagnation."