The post Bitcoin Surge Isn’t the Start of a New ATH Run, Analyst Warns appeared on BitcoinEthereumNews.com. Bitcoin Bitcoin’s recent rebound has brought optimism back into the market, but several well-followed analysts warn that traders may be misreading the cycle. Key Takeaways Colin Talks Crypto sees only a 20% chance of Bitcoin jumping straight to new all-time highs from here. His base case: rally to $100K–$115K, then a multi-month correction before the next major phase of the cycle. Van de Poppe and Ali also argue cycle-top conditions are not present, with indicators and sentiment still far from peak levels. Despite a strong recovery, current data does not indicate that Bitcoin has reached its final top — and analysts expect more volatility before the eventual peak. Immediate new all-time highs are not the base case Crypto analyst Colin Talks Crypto published a new 12-month roadmap and cautioned against expecting Bitcoin to blast directly to fresh record levels. He assigned only a 20% probability to that scenario. In his model, Bitcoin is more likely to climb into the $100,000–$115,000 range first, followed by a meaningful correction. That correction, he says, could take one of two forms: a shorter 6–8-month retracement before the next leg up, or a longer, more traditional bear-market phase lasting around a year. Either way, he stressed that an immediate ATH breakout from current prices should not be treated as the default expectation. Market looks nothing like a cycle top Michaël van de Poppe also challenged the idea that Bitcoin has peaked. He pointed to the absence of typical top-of-cycle signals — retail euphoria, headline-driven speculation and extreme pricing. He described today’s conditions as unusually quiet and similar to late 2019 and early 2023, which turned out to be some of the best accumulation windows of the previous cycle. According to him, the market is not overheated but rather “empty,” and historically, these subdued periods have… The post Bitcoin Surge Isn’t the Start of a New ATH Run, Analyst Warns appeared on BitcoinEthereumNews.com. Bitcoin Bitcoin’s recent rebound has brought optimism back into the market, but several well-followed analysts warn that traders may be misreading the cycle. Key Takeaways Colin Talks Crypto sees only a 20% chance of Bitcoin jumping straight to new all-time highs from here. His base case: rally to $100K–$115K, then a multi-month correction before the next major phase of the cycle. Van de Poppe and Ali also argue cycle-top conditions are not present, with indicators and sentiment still far from peak levels. Despite a strong recovery, current data does not indicate that Bitcoin has reached its final top — and analysts expect more volatility before the eventual peak. Immediate new all-time highs are not the base case Crypto analyst Colin Talks Crypto published a new 12-month roadmap and cautioned against expecting Bitcoin to blast directly to fresh record levels. He assigned only a 20% probability to that scenario. In his model, Bitcoin is more likely to climb into the $100,000–$115,000 range first, followed by a meaningful correction. That correction, he says, could take one of two forms: a shorter 6–8-month retracement before the next leg up, or a longer, more traditional bear-market phase lasting around a year. Either way, he stressed that an immediate ATH breakout from current prices should not be treated as the default expectation. Market looks nothing like a cycle top Michaël van de Poppe also challenged the idea that Bitcoin has peaked. He pointed to the absence of typical top-of-cycle signals — retail euphoria, headline-driven speculation and extreme pricing. He described today’s conditions as unusually quiet and similar to late 2019 and early 2023, which turned out to be some of the best accumulation windows of the previous cycle. According to him, the market is not overheated but rather “empty,” and historically, these subdued periods have…