【Pantera founder: The peak of this Bitcoin cycle may occur in August 2025】Golden Finance reports that Pantera founder Dan Morehead stated in a recent interview that the four-year cycle pattern of Bitcoin will continue, with the market experiencing a major bull market followed by a bear market. However, the only difference is that after experiencing three 85% declines over the past 12 years, the next correction may only be 50% or 60%, at least for Bitcoin, while smaller altcoins may still experience greater volatility. According to the four-year cycle pattern, April 19 of this year is the halving time, and it is expected that August 2025 should be the peak of this cycle. Previously, it was predicted that the volatility would gradually decrease, with previous halving cycles experiencing greater fluctuations, while this one 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.