【Pantera Founder: The Peak of Bitcoin's Current Cycle May Occur in August 2025】According to Golden Finance, Pantera founder Dan Morehead stated in a recent interview that Bitcoin's four-year cyclical pattern will continue, with the market experiencing a major bull market followed by a bear market. The only difference is that after experiencing three 85% declines in the past 12 years, the next pullback may only be 50% or 60%, at least for Bitcoin, while smaller altcoins may still experience greater volatility. If we follow the four-year cycle, April 19 of this year is the halving date, and it is expected that August 2025 will be the peak of this cycle. Previously, it was predicted that the volatility would gradually decrease; the previous halving cycles had greater volatility, and this time it will be relatively mild. Not only the halving factor, but also the political and macroeconomic environment are creating favorable conditions for cryptocurrencies. Therefore, there is considerable optimism for 2025.

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