Simon Peters, expert analyst in crypto assets, notes that 'we are still relatively at the beginning of this bull market' as historically, the peak forms 'between 12 and 18 months after the halving of the block reward.' Therefore, 'it should be reached by the end of 2025 or early 2026.'
However, Josh Gilbert, market analyst, emphasizes that 'investors should remember that an asset does not rise in a straight line forever. Bitcoin's drops are normal, but it seems that something significant will be needed right now to halt Bitcoin.'
Simon Peters, eToro analyst
Even with this milestone reached, we are still relatively at the beginning of this bull market if we look at past years and cycles. Historically, the peak of Bitcoin's bull market has formed between 12 and 18 months after the halving of the block reward. Since the last halving occurred in April 2024, the peak of the bull market should be reached by the end of 2025 or early 2026.
That said, it is not unusual to see drops of 20% to 40% in the price of Bitcoin during bull markets. With the price reaching such an important milestone as $100,000 and being holiday season, I wouldn’t be surprised to see a pullback from this level, as investors withdraw some money before the trend continues.
Josh Gilbert, eToro market analyst
Bitcoin has reached the milestone of $100,000. That Bitcoin reaches six figures is not a fact to be underestimated and demonstrates the global adoption of this asset that we have seen in recent years. For investors, this upward movement does not seem to have ended yet, thanks to the powerful momentum that this bull market is carrying. Bitcoin's performance, if there was any doubt, solidifies that it deserves a place within a diversified investment portfolio.
If we look at previous market cycles, it still seems that we are reasonably at the beginning of this bull market. Reaching the $100,000 mark is undoubtedly an important psychological level for many, and we may see some profit-taking along the way. Investors should remember that an asset does not rise in a straight line forever. Bitcoin's drops are normal, but it seems that something significant will be needed right now to halt Bitcoin.
Crypto assets are just the beginning. The underlying technology - blockchain - holds immense potential that goes beyond digital assets. Just as the Internet transformed communication, blockchain will reshape finance, ushering in a new era of innovation. The coming years will be exciting. This is just the beginning of widespread adoption, a seamless integration with traditional finance, and solid regulatory frameworks.
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