In the usual style of high market uncertainty and volatility associated with the current bull cycle, the price of Bitcoin (BTC) fell to approximately $ 77,000 in the last week before they increased by over 10% to successfully recover the $ 85,000 price zone.
Despite this price recycling, the heavy market corrections have in recent weeks drawn intense doubts about the life force in the current bull driving. Interestingly, it considers the analyst company Intotheblock that the market top has not yet occurred based on historical data.
Bitcoin halving cycles reveal declining returns but the market can top by 150%
Most recent Weekly newsletterIntotheblock -analysts have investigated historical measurement values to evaluate the current status of the Bitcoin market. In particular, this insightful report indicates that BTC is still far from its estimated return based on previous cycles, which indicates that the Crypto Bull Run is potentially active.
According to Intotheblock, Bitcoin has continuously experienced a decrease in the return after half with each subsequent bicycle that gave lower top gains compared to its predecessor. Halving is a crucial blockchain event during the Bitcoin miners block reward is reduced by half and thus slow down the release of new symbols to maintain scarcity.
Halking takes place every four years and is an important checkpoint in the market cycle. After the first halving in November 2012, the Bitcoin market registered staggering market gains that topped about 6,000% – 8,000% before they found stability of about 1,600% – 4,000%.
The market over voltage after seconds of halving was particularly strong and reached about 2,000% and settled to 600%. After the third halving in May 2020, BTC experienced some modest winnings no more than 600%.
It is obvious that the BTC market shows a declining return pattern after successive halving, which suggests that the main Cryptocurrency growth potential tends to decrease together with the price. This trend is characteristic of a market that reaches maturity when bitcoin is now ranked as the eighth largest asset in the world.
Currently Current bitcoin bike Have only reached top gains of 60% after half. While this fourth cycle is expected to retain the pattern for decreasing returns, intothocation analysts projects maximum market gains between 50%-150%, which indicates more room for price increases right now.
BTC Price Peak to get in H2 2025?
According to more analysis from intoteblock, bitcoin usually appears to achieve its market peak 12-18 months after half. Following this pattern, the main Cryptocurrency is expected to experience a significant estimate between the middle of 2025 to the end of 2025.
However, it is worth noting that market conditions are currently different, especially in view of the growth of institutional interest and the US government’s latest customs policy. At the time of writing, Bitcoin deals with $ 84 391, which reflects a reduction of 1.64% in the last seven days.
Image from iStock, chart from tradingview
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