Bitcoin Hits Record $93,000: Price Cycle Peak Could Last Until the End of 2025
Bitcoin has just surpassed the historical mark of $93,000, opening up expectations for a price increase that could last until the end of 2025, according to analysis from expert Rekt Capital.
The Halving Milestone Guides the Price Cycle
Bitcoin has always had a strong correlation with the halving event – when the block reward is halved. According to Rekt Capital, previous cycles have shown:
2016: The bottom appeared 547 days before the halving event, the peak appeared 518 days after the halving.
2020: The bottom before the halving was 517 days, the peak after the halving was 550 days.
In the current cycle, Bitcoin hit the bottom exactly 517 days before the 2024 halving. This suggests that the peak of the cycle could occur between September and October 2025, which is 518-550 days after the halving.
Promising Parabolic Phase
Bitcoin is entering a 'parabolic' growth phase – the strongest phase of the price cycle:
Lasting about 300 days, after completing 200 days of accumulation beforehand.
Potential price forecast reaching $120,000-$130,000, although profits may decrease compared to previous cycles.
Analysis indicates that this surge has just begun, with significant room for growth.
Adjustments and Long-Term Trends
Rekt Capital predicts that several important corrections will occur in this cycle. However, the overall market still maintains a long-term upward trend, aiming for a peak expected at the end of 2025.
Conclusion
Bitcoin, with momentum from the halving and historical patterns, is in a phase of promising growth. However, investors need to prepare mentally for fluctuations and adjustments in the journey to conquer the next price milestones.