Analyst Aralez Flags Bitcoin Accumulation Zone, Eyes $250,000 Cycle Peak by 2029

Crypto analyst Aralez says Bitcoin is approaching a major accumulation area that has mirrored prior bear-market setups and could set the stage for a new ATH in the next bull run. He cites past drawdowns of 87%, 84%, and 77.5% from cycle highs, and notes BTC is about 42% below its October 2025 peak of $126,000. In his projections, a potential bear-market bottom near $40,000 could precede a move that reaches as high as $250,000 by 2029.