- Mark Newton claims cryptocurrencies haven’t peaked yet.
- The Elliott Wave pattern shows no sign of a peak.
- Institutional interest in BTC and ETH remains strong despite market volatility.
On November 2, 2025, Fundstrat’s Head of Technical Strategy, Mark Newton CMT, refuted claims of a cryptocurrency market peak via his official post on X platform.
Newton highlighted technical analysis, indicating ongoing market stability and potential growth for Bitcoin and Ethereum, challenging prevailing narratives of market downturns.
Newton’s Analysis Suggests Cryptos Haven’t Hit Peaks Yet
“The Elliott Wave structure shows no topping pattern, which argues against a finalized peak.” — Mark Newton, CMT, Head of Technical Strategy, Fundstrat.
Market participants reacted with measured optimism, aligning with ongoing institutional interest. Despite broader market volatility, BTC and ETH maintain their attractiveness, reinforcing Newton’s observations.
Bitcoin’s Market Data Contradicts Peak Concerns
Did you know? The Elliott Wave pattern, often used in market analysis to predict peak cycles, shows no signs of a peak for cryptocurrencies, according to Newton’s recent evaluation.
Recent data from CoinMarketCap reveals Bitcoin is trading at $110,032.21 with a market cap of $2.19 trillion and dominance of 59.30%, experiencing a 0.24% decrease over 24 hours. With a circulating supply of 19,943,490 BTC out of a maximum of 21 million, the trading volume reached $32.90 billion, down 3.37% in the past day.
The Coincu research team highlights the importance of analyzing ongoing market conditions alongside technological developments and regulatory changes to understand potential future trends in cryptocurrency valuations.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/analysis/cryptocurrencies-not-peaked-says-newton/