Bitcoin (BTC) hit an all-time high before the halving, leading some traders to think it may follow a pattern not seen in previous cycles. There have been speculations that BTC may complete its bull run this year or by January 2025, but some analysts believe bitcoin’s pathway in this cycle will be similar to the patterns seen during the bull runs in 2016 and 2020.
Pseudonymous analyst Rekt Capital predicts that the best for this year’s bitcoin bull run will come in October 2025. The market participant derived this data by analyzing past cycles that saw BTC hit its top for each bull run over 500 days after each halving event.