EXPERTS HAVE NAMED THE TIME OF A NEW BITCOIN BULLRUN
A Bitcoin bull market could start in the next 22 days, based on historical cycles and current data. This is the conclusion reached by WeRate co-founder Quinten Francois.
According to the expert, the average cycle of the first cryptocurrency begins approximately 170 days after halving. The peak is formed 480 days later. September 15 marked 147 days since the miners' reward was halved.
Crypto investor and blogger Lark Davis recalled the impressive growth of Bitcoin in Q4 during the halving years of 2016 and 2020. The asset also closed in plus in Q1, Q2 and Q3 the year after the event, the expert noted.
CryptoQuant CEO Ki Yoon Joo has identified $62,000, $55,000, and $43,000 as key levels for Bitcoin. They represent the average price of coins for different investor groups and serve as important psychological and technical markers.
Earlier, Okse investor and co-founder Elja recorded signals of an “explosive move” into the $100,000-$150,000 range by Q1 2025 on the first cryptocurrency’s chart.
