Pundit Says The Bitcoin Price Has Topped If This Doesn’t Happen By Next Week

Bitcoin has been moving within a narrow consolidation range over the past 48 hours after briefly testing highs above $115,000 . Despite holding its ground above $113,000, bears could argue that momentum has started to wane, with the price showing signs of exhaustion.

This cautious phase has led some market watchers to question whether Bitcoin’s rally has already peaked or if another leg higher is around the corner. One analyst known as Sonny on the social media platform X believes that the coming week will be decisive in determining whether the Bitcoin price has topped this cycle.

An Ultimatum To Bitcoin’s Bull Cycle

In a post on X, Sonny described his outlook on Bitcoin as binary. He stated that Bitcoin must go completely vertical after the weekly cycle low next week;