Is the Bitcoin bull coming in the summer of 2025?
On-chain platform IntoTheBlock has given important signals about Bitcoin's (#BTC ) next bull run.
According to historical data, $BTC reached its price peak approximately 480 days after each halving. IntoTheBlock, which claims that the cycle in question will repeat, stated that BTC will break a record in the summer of 2025.
In the analysis published by the crypto platform, it was reported that the BTC price has completed the "correction" cycle by decreasing by 12 percent since the halving. BTC was trading at $63,900 during the halving.
Speculations that #Bitcoin (BTC) will experience a bull run after the halving have resurfaced. Data platform IntoTheBlock shared its "480-day" analysis based on previous halvings.
IntoTheBlock, which stated that the same scenario is playing out in the current halving cycle, said: “The next peak is expected approximately 480 days after the halving in April 2024, that is, around the summer of 2025.”
According to the cycle mentioned by the analysis, the date when BTC will exceed the $ 74,000 level and make ATH is Wednesday, August 13, 2025.
The analysis, which commented that “BTC will grow day by day,” mentioned the following: “Increasing institutional interest in Bitcoin and the development of new financial products such as Bitcoin exchange-traded funds (ETFs) will also play an important role in the next major price movement. As more institutional capital flows into the cryptocurrency market, Bitcoin’s price could rise even higher in the months leading up to the expected peak in 2025.”