Bitcoin price has consistently shown crucial movements in relation to its halving events, and analysts continue to track its behavior as the next run approaches.
According to a recent analysis by Rekt Capital, Bitcoin’s previous cycles have exhibited a trend of reaching a peak 518 to 546 days after the halving. If this trend persists, Bitcoin’s peak in the current cycle could occur between mid-September and mid-October 2025.
He asserted that historical patterns suggest that the more Bitcoin consolidates after the latest halving, the stronger the synchronization with past cycles, which may lead to substantial upward movements.
In the 2015-2017 cycle, Bitcoin peaked 518 days after the Halving
In the 2019-2021 cycle, Bitcoin peaked 546 days after the Halving
If history repeats and the next Bull Market peak occurs 518-546 days after the Halving…
That would mean Bitcoin could peak in this cycle… pic.twitter.com/HBF179wJXl
— Rekt Capital (@rektcapital) September 9, 2024
Historical Comparisons to Previous Cycles
Previous Bitcoin halving cycles, particularly in 2015-2017 and 2019-2021, showed similar timelines for price peaks. The 2015-2017 cycle saw Bitcoin reach its peak 518 days post-halving, while the 2019-2021 cycle took slightly longer at 546 days.
Rekt Capital suggests that if the current cycle mirrors these historical patterns, the next price peak could materialize within a similar timeframe. However, Bitcoin has accelerated by 84 days in this cycle, which could influence its price trajectory, although the overall timing is still aligned with traditional expectations.
This ongoing consolidation, which has so far triggered investor angst, could benefit the price, allowing it to resynchronize with historical trends.
Volume Trends and Price Action in 2024
Rekt Capital’s chart also notes Bitcoin’s volumes during previous periods. In 2016, the trading volume reached approximately 5.294 million BTC, while the 2020 cycle recorded slightly lower figures of 3.466 million BTC.
Currently, volume for 2024 remains lower at 287.592 BTC. The lower volume levels suggest that the market may not be overheated, providing further room for upward movement.
Rekt Capital expects Bitcoin to potentially reach $245,000 by mid-September or mid-October 2025 if historical patterns hold and volume picks up in the coming months.
Market Forecasts from Other Experts
Other market commentators have also weighed in on Bitcoin’s potential trajectory. Despite recent volatility, with Bitcoin’s previous drop to $53,000 and a rise later, there remains optimism in the market.
For example, well-known cryptocurrency influencer Ben Armstrong has forecasted a price target of $146,641 for Bitcoin, though his projection is not tied to specific analytical models. Armstrong’s target coincides with predictions that the U.S. presidential election may influence Bitcoin’s trajectory, potentially leading to significant movements in 2025.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Source: https://thecryptobasic.com/2024/09/10/experts-predict-bitcoin-may-surge-to-245k-by-q4-2025-amid-post-halving-trends/?utm_source=rss&utm_medium=rss&utm_campaign=experts-predict-bitcoin-may-surge-to-245k-by-q4-2025-amid-post-halving-trends