📍📍Bitcoin could reach $150,000 by September 2025, here's why?
The Bitcoin halving on April 20 was an event scheduled approximately every four years, cutting mining rewards by 50%, and the halving date has represented almost perfect symmetry across the cycles. previous bull markets. Historically, the Bitcoin halving date is roughly halfway between when the bull market begins and when the market peaks.
The most recent Bitcoin bull market started about 16 months before the halving on May 11, 2020, and the cycle ended about 18 months later. The two previous halvings — on July 9, 2016 and November 28, 2012 — followed a similar pattern. If this streak continues, the next bull market peak will occur in late August/early September 2025.
However, Bitcoin is down from its ATH of $73,679 on March 14, and there is a 25% chance that Bitcoin has reached a bull market peak as each bull cycle's gain has decreased compared to the previous cycle. . If BTC fails to reach a new ATH and falls below $55,000, it is likely that Bitcoin has reached the end of its cycle and is headed for an exponential decline.
