According to Canaccord Genuity, a renowned global investment bank, Bitcoin (BTC) could be poised for a significant rally in the coming months. This prediction stems from the bank's analysis of historical patterns observed during previous Bitcoin halving cycles. The report highlights that following each halving, Bitcoin has exhibited a tendency to rally for 6 to 12 months and reach new all-time highs within 2 to 6 months of that period. Consequently, the report suggests that the current market conditions could potentially trigger a rally that may extend through April 2023. Furthermore, the recent 50 basis point interest rate hike by the U.S. Federal Reserve has contributed to a recovery in both the stock and cryptocurrency markets. Canaccord Genuity believes that in this scenario, a period of consolidation for Bitcoin could be a healthy sign. While it may be premature to speculate on the timing or extent of future Fed rate cuts, the report emphasizes that the post-halving supply and demand dynamics for Bitcoin, combined with inflows into spot ETFs, could fuel a potential rally.