Ansem Says Crypto May Have Peaked Before Equities in Current Cycle

Crypto trader Ansem said he is considering a scenario in which crypto prices peaked before equities in the current cycle. He stressed that he is not convinced this is how markets will develop.

A scenario, not a forecast

In an October 31 post, Ansem said a recent rebound could be a countertrend move and that crypto might face another decline if U.S. stocks are only beginning a larger correction. He said the possibility is worth considering because AI and equities have driven much of this cycle’s risk appetite.

Bitcoin timing

Ansem added that Bitcoin could find a bottom before the broader equity market even if both asset classes continue selling off in the near term. He said he would keep an open mind and watch price reactions as markets approach important levels.

These are Ansem’s scenario comments, not a verified market forecast or investment guidance. Sources: BlockBeats flash and Ansem’s X post via FxTwitter, published October 31, 2026.