Bitcoin (BTC) Is it Still in a Bull Market, or Has the Bull Market Ended? Analysis Company Announced

Crypto analysis company Alphractal has published a new assessment based on on-chain data regarding the current market outlook for Bitcoin. In its analysis, the company suggested that the rise trend is still ongoing and that a new rally may be on the horizon.

According to Alphractal's statement, the On-Chain Capital Flow Sentiment Index ( is a strong indicator for tracking capital flows on the Bitcoin blockchain. This index is currently progressing towards a new distribution phase. Reaching this phase may indicate that Bitcoin is approaching the peak of its current bullish cycle.

The following statements were included in the company analysis:

“We have previously emphasized that October 2025 could be a critical month. The combination of technical indicators, on-chain data, and fractal analyses suggests that this period may offer a potential market exit opportunity. This analysis still holds validity; until the data paints a new picture.”

According to analysts, Bitcoin's bull market is continuing strongly and, according to Alphractal, the current data does not rule out the possibility of a new rally.

The company's CEO Joao Wedson made the following statement:

"Bitcoin may rise to 113 thousand dollars or drop to 80 thousand dollars, but October still seems like a strong candidate for the peak of the cycle. If the data changes, we will change too."

*This is not investment advice.

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