Bitcoin Historical Cycles Point to Major Rally by 2025, Predicts IntoTheBlock
On-chain analytics firm IntoTheBlock suggests that Bitcoin historical cycles point to a massive rally by summer 2025, following its recent halving event in April 2024, with price peaks typically occurring 480 days after.
A recent analysis by the on-chain analytics firm IntoTheBlock indicates that Bitcoin may be on the verge of a significant rally in 2025, based on patterns observed in its historical cycles. The firm points out that, on average, Bitcoin peaks approximately 480 days after its halving events, which reduce the rewards for mining new blocks. The most recent halving event occurred on April 20, 2024, reducing the block reward from 6.25 BTC to 3.125 BTC, placing the next expected peak in the summer of 2025.
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Historically, Bitcoin halving events, which occur roughly every four years, have been followed by substantial price increases due to the reduction in new supply entering the market, creating upward pressure on prices as demand often rises.
At present, Bitcoin’s price has seen a decline of around 12% from its halving price of $63,900, with the current price hovering around $54,398. While this short-term dip might seem discouraging, it is not unusual for the market to experience consolidation or minor declines before regaining momentum. Historically, such price behavior has preceded significant rallies in the Bitcoin market.
Additionally, the month of September has historically been difficult for Bitcoin and other cryptocurrencies. Bitcoin has fallen by 8% this September, exceeding the decade-long average of a 5% decrease for this month. September has consistently been one of the worst months for Bitcoin, with average losses dating back to 2013. However, Bitcoin has often rebounded with impressive gains in October and November. For instance, during the 2021 bull run, Bitcoin experienced a 22% gain in October and a 46% increase in November.
The current cycle suggests that investors and institutions may be positioning themselves for long-term gains, with expectations of a major rally in 2025. As Bitcoin continues its historical cycle, the upcoming months will be crucial in determining whether these patterns repeat, potentially leading to one of the most significant bull runs in Bitcoin’s history
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