Cryptocurrency analytics firm Alphractal has released a new assessment of Bitcoin’s current market outlook based on on-chain data. The firm suggests that the uptrend is still ongoing and that a new rally may be on the horizon.
According to Alphractal, the On-Chain CapFlow Sentiment Index is a powerful indicator for tracking capital flows on the Bitcoin blockchain. The index is currently moving towards a new distribution phase. Reaching this phase could indicate that Bitcoin is approaching the peak of its current bull cycle.
The company analysis included the following statements:
“We have previously highlighted that October 2025 could be a critical month. The combination of technical indicators, on-chain data, and fractal analysis suggests that this period could present a potential market breakout opportunity. This analysis still holds true until the data paints a new picture.”
According to analysts, Bitcoin’s bull market is continuing strongly, and current data does not rule out the possibility of a new rally, according to Alphractal.
The company’s CEO, Joao Wedson, made the following statement:
“Whether Bitcoin goes to $113,000 or $80,000, October still looks like a strong candidate for the top of the cycle. If the data changes, so do we.”
*This is not investment advice.
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