Renowned analyst Lark Davis is predicting a bullish trajectory for Bitcoin by the summer of 2025. This optimistic outlook is based on historical patterns observed in BTC’s previous price cycles, where BTC has gone through three major bull runs, each lasting approximately four years and ending in a significant price peak within a year of a Bitcoin halving event.
In a recent post on X, Lark Davis highlighted impressive quarterly returns in previous halving years like 2016 and 2020. He noted that the fourth quarter following halving events has consistently been bullish. Additionally, in the years post-halving, such as 2017 and 2021, Bitcoin witnessed bullish price action from the first to the third quarter.
Davis mentioned, “If history repeats itself, it could unleash mind-blowing gains that most people can’t even fathom,” indicating substantial growth opportunities in 2025. Adding to this bullish sentiment is Rekt Capital, who recently shared with his followers on X that Bitcoin could see a strong fourth quarter. Rekt Capital highlighted that Bitcoin historically averaged a 22.9% return in October since its inception, with only two instances of closing lower in October.
Bitcoin has averaged a -5% return in September, with declines in October seen only during bear markets in 2014 and 2018. Rekt Capital also pointed out that BTC is currently in a halving year, contributing to the potential for positive price movement.
Rekt Capital further predicts that Bitcoin could reach its cycle peak in the second half of 2025, assuming it follows the traditional halving cycle. He explained, “In the 2015-2017 cycle, BTC peaked 518 days post halving. In the 2019-2021 cycle, Bitcoin peaked 546 days post halving.” If history repeats, and the next bull market peak occurs 518-546 days post halving, BTC could peak in mid-September to mid-October 2025.
Bitcoin’s price experienced a significant increase from September 8, reaching a high of $60,771 on September 14, according to Geckoterminal. This surge marked a return above the $60,000 psychological level for the first time since August 30.
However, following this rally, Bitcoin’s price underwent a corrective phase, forming a rounding top pattern. This bearish formation suggests that sellers might aim to push the price lower towards the $55,137 support zone. With the RSI now on a downward trend, there is a possibility that buyers might capitalize on the perceived undervaluation of the asset. A surge in demand at this level could lead to a bullish reversal, propelling Bitcoin towards the $64,000 monthly high and potentially sparking a broader bull run into 2025.
In conclusion, analysts like Lark Davis and Rekt Capital are optimistic about Bitcoin’s performance in the coming years, with historical data and patterns supporting a bullish trajectory for the cryptocurrency. If these predictions hold true, Bitcoin could see significant growth and price peaks in the near future, following the established patterns of previous halving cycles.
