📈 Has Bitcoin Peaked? Analyst Points to 69K as the Cycle Signal

Bitcoin’s back above 115K and traders are asking the question that haunts every bull cycle: is this the top? Analyst Joao Wedson says not yet — and he’s leaning on the Max Intersect SMA Model, a tool that has nailed previous cycle peaks.

⚡ Quick Hits

• 💰 BTC price: 115,489 (+3.83% weekly)
• 🔮 Peak signal: 69,000 per Max Intersect SMA Model
• 📊 Current reference: 58,170
• 🗓️ Timeline: Within weeks if momentum holds
• ⚡ Volatility: Expected to spike into September

🔍 The Max Intersect SMA Model

The Max Intersect SMA Model compares simple moving averages across cycles to pinpoint where Bitcoin tends to max out. Historically, it’s lined up almost perfectly with previous blow-off tops.

Right now, the model pegs 58,170 as the key reference. But Wedson says the real alarm bell is 69K. Cross that level, and history suggests we’re at or near the cycle peak.

📈 What It Means for Traders

• Upside still possible — BTC hasn’t hit the model’s red line yet.
• Volatility rising — September is historically chaotic for Bitcoin.
• Risk strategies needed — sharp swings could wipe out weak hands.

Wedson sums it up: “Any move toward 69K would strongly indicate the cycle’s top. But until then, traders should expect whiplash and plan accordingly.”

🌍 Bigger Picture

Even at 115K, Bitcoin may have gas left in the tank. But the closer it inches toward 69K on the model, the louder the “exit liquidity” alarms will ring. Whether this cycle ends in weeks or stretches into early 2026, the volatility is about to test everyone’s conviction.

⚡ TL;DR

Bitcoin isn’t at its cycle top yet, says analyst Wedson. The 69K level is the model’s danger zone. Expect higher volatility from September onward as BTC tests whether this bull run has one more leg left.