Golden Finance reported that anonymous crypto analyst CryptoCon pointed out that BTC reached its mid-cycle peak in 2016 and 2020, followed by months of sideways consolidation, and finally broke out at the end of the year. Bitcoin's halving event occurs automatically every four years, reducing the issuance of new tokens by 50%, which is widely believed to affect the supply of Bitcoin and create scarcity. This year, BTC peaked at $73,000 in March and then fell back about 33% to a low in early August. CryptoCon pointed out that it is approaching the end of a typical mid-cycle adjustment. "Whether it is a cycle peak prediction or a recession prediction, everyone has reason to worry about the worst, and at the same time, the cycle continues as expected. All signs point to a real bull market for Bitcoin in 2025," he added.