Bitcoin Analyst’s Historical Cycles Predict Start of Bull Market – Surprising Timeline Revealed
Renowned crypto analyst Lark Davis has shared an optimistic forecast for Bitcoin, predicting a bullish trajectory by the summer of 2025. This positive outlook is based on historical trends observed in Bitcoin’s previous price cycles. Throughout its history, Bitcoin has undergone three major bull runs, each lasting around four years and culminating in a significant price peak within a year of a Bitcoin halving event.
In a recent post on X, Lark Davis highlighted the impressive quarterly returns seen in previous halving years, such as 2016 and 2020. He emphasized the consistently bullish fourth quarter following halving events. Additionally, in the years post-halving, like 2017 and 2021, Bitcoin witnessed bullish price movements from the first to the third quarter.
Davis expressed his belief that if history repeats itself, it could lead to remarkable gains that many may find hard to comprehend, presenting substantial growth opportunities in 2025. Adding to this positive sentiment is Rekt Capital, who suggested to his followers on X that Bitcoin could experience a strong fourth quarter. Notably, Rekt Capital pointed out that historically, Bitcoin has averaged a 22.9% return in October since its inception, with only two instances where it closed lower than it opened in October.
Furthermore, Bitcoin has typically seen a -5% return in September. The only occurrences of a decline in October were in 2014 and 2018, both during bear markets. Rekt Capital also highlighted that Bitcoin is currently in a halving year, which could contribute to potential positive price movements.
Looking ahead, Rekt Capital predicts that Bitcoin might reach its cycle peak in the latter half of 2025 if it follows the traditional halving cycle pattern. Referring to past cycles, he noted that in the 2015-2017 cycle, Bitcoin peaked 518 days post-halving, while in the 2019-2021 cycle, it peaked 546 days post-halving. If history repeats, and the next peak occurs 518-546 days post-halving, Bitcoin could reach its peak between mid-September to mid-October 2025.
Bitcoin recently experienced a price surge, hitting a high of $60,771 on September 14 after an uptick from September 8, surpassing the $60,000 psychological level for the first time since August 30. However, following this rally, the price underwent a corrective phase, forming a rounding top pattern, indicating a potential move towards the $55,137 support zone.
With the RSI trending downward, there is a chance that buyers might view the asset as undervalued, potentially leading to a bullish reversal. Increased demand at this level could drive Bitcoin towards the $64,000 monthly high, sparking a broader bull run as we move into 2025.
