SEC delays decisions on key cryptocurrency ETFs, creating market uncertainty. Renewed legislative efforts in the…

Bitcoin Top May Hit in October 2025, SEC Delays ETFs
- Bitcoin cycles historically peak 500+ days after each halving event.
- BTC consolidates above $118K, watching $119K breakout confirmation zone.
- SEC delays Truth Social, Grayscale ETF rulings amid crypto scrutiny.
Bitcoin’s current price momentum and historical trends have reignited discussions about the timing of its next cycle peak. Analyst Lark Davis shows that Bitcoin’s past cycles reveal a recurring timeline of peaks following halving events.Â
The 2013, 2017, and 2021 tops occurred 367, 526, and 548 days after halving, respectively. Davis notes that if this trend continues, the current cycle could peak approximately 551–552 days after the 2024 halving, landing in mid-to-late October 2025.
He further explained that cycle peaks also follow a weekly pattern 203 to 208 weeks between major tops. There were 1,456 days between the 2013 and 2017 peaks, and 1,421 days between 2017 and 2021.
Using this cadence, the next peak could occur 79 weeks post-halving, near October 20, 2025. However, Davis warned that the cycle might extend into 2026, urging traders to maintain an exit strategy.
Bitcoin Consolidates After Rallying Past $114K Resistance
Bitcoin (BTC) is trading at $118,289 USDT, showing consolidation after a strong uptrend since April 2025. Analysts report that BTC broke above a key resistance level at $114,000 before entering a range-bound phase. Despite minor pullbacks, the trend remains bullish, with consistent higher highs and higher lows on the chart.
Volume has tapered off in recent sessions, hinting at a potential accumulation period. Technical watchers suggest that a move above $119,000 could trigger the next leg up. Conversely, if BTC drops below the $114,000 support zone, it may face short-term weakness.
SEC Delays Verdict on Truth Social and Grayscale ETF Applications
The U.S. Securities and Exchange Commission (SEC) postponed its decision on two high-profile cryptocurrency ETF proposals. The first involves the Truth Social Bitcoin ETF, filed by Donald Trump’s media company on June 20. The second concerns the Grayscale Solana Trust’s request to convert into an ETF.
The SEC cited the need for additional time to evaluate rule changes and related compliance matters. A final decision on the Truth Social ETF is now expected by September 18. This move reflects the regulator’s cautious stance on crypto-related financial products, especially those with political associations or novel structures.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.