Benjamin Cowen believes that BTC can be rising as a supercycle sample kind by October

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  • Benjamin Cowen predicts Bitcoin management by late October 2025.
  • Bitcoin’s annual dominance peaked at 65.1% in June 2025, surpassing Ethereum and altcoins.
  • Analysts establish the amassed cylinder sample of Livermore that enters stage 8.

Cryptocurrency analyst Benjamin Cowen highlights the breakthrough of Bitcoin over $121,000 as a validation to keep up BTC-heavy portfolio allocations and use Bitcoin as an account unit slightly than USD. His evaluation means that present ranges of domination will recuperate by late October 2025, following historic patterns noticed in 2017, 2019, 2023 and 2024.

Present market figures embody Bitcoin sustaining its market share of 63.9% with a every day progress of 0.13%, Ethereum sustaining its 9.6% with a 0.23% progress, and different cryptos sustaining its 26.5% regardless of a 0.36% decline. The numbers present that Bitcoin continues to dominate the market, even amid a slight flood of its benefit.

The historic Bitcoin dominance chart reveals excessive concentrations within the early cryptocurrency market. On December 12, 2013, knowledge present that Bitcoin controls 87.4% of whole market capitalization when ecosystems have fewer Altcoins and restricted institutional participation.

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The domination cycle follows a predictable multi-year sample

Throughout the 2018 interval, Bitcoin management fell to 33.4%, with market shares of Ethereum and different cryptocurrencies at 13.5% and 53.1%. It was a time when the ICO bubble was peaking, 1000’s of altcoins got here out, sucking up speculative cash from Bitcoin.

The market may be very completely different from 2013, when Bitcoin achieved file domination and 100% market share. The appearance of Ethereum and different good contract platforms has supplied actual choices, finally chopping Bitcoin’s potential peak benefit by halving.

Bitcoin’s dominance reached its annual excessive on June 27, 2025, recorded a revenue of 65.1%, surpassing Ethereum’s 8.9%, and a 26.0% enhance seen in different cryptocurrencies. The numbers present the reallocation of capital to Bitcoin for progress within the broader cryptocurrency market.

Bitcoin is within the tremendous cycle

In Merlijn, the place BTC is the brand new excessive, merchants have recognized what he calls “Bitcoin Supercycle” following the Livermore Accumulation cylinder mannequin. His predictions are that Bitcoin is in stage 8, that includes explosive progress, accumulation of Bitcoin, and nations that worry that they are going to be left behind.

The Livermore mannequin predicts that Bitcoin has completed its accumulation part and has begun exponential worth discovery, supported by sovereign funds and the adoption of the Ministry of Company Treasury. Institutional demand not like the retail-driven cycle of historical past, creates steady buying strain.

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The adoption of nation-states by international locations reminiscent of El Salvador and deliberate strategic Bitcoin reserves throughout numerous jurisdictions set up rock demand no matter speculative transactions. Such sovereign purchases assure long-term worth assist no matter short-term market sentiment.

Based mostly on this pattern, corporations are growing their monetary publicity to Bitcoin to the Ministry of Finance as a hedge towards inflation and forex threat. This transfer has led extra corporations to discover Bitcoin-backed monetary administration methods.

Associated: Bitcoin worth forecast: BTC reaches $122k as breakout of ETF inflows and geopolitical threat drive

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