The cryptocurrency market has great expectations for the coming years. Dan Morehead, CEO of Pantera Capital, Bitcoin $98,131.4He predicted that it will reach the peak of the bull cycle in 2025. Morehead supports this prediction with data based on Bitcoin’s historical price movements and halving cycle. This forecast attracts the attention of both individual and institutional investors.
Bitcoin Annual Halving Cycle and Market Effects
Dan Morehead states that Bitcoin prices are based on a four-year halving cycle. Bitcoin halving is known as a supply-restricting event as mining rewards are halved. In the past, this event has led to significant increases in Bitcoin prices.
Morehead said the effects of a halving event on price often begin before the event and peak within 480 days after the halving. “Based on historical data, we predict Bitcoin will reach its peak in August 2025. “Halfing events have moved the markets over the years and we expect this trend to continue,” he said.
Morehead also added that political and macroeconomic factors provide a positive environment for 2025. He stated that these factors will contribute to the overall performance of the cryptocurrency market.
$117,000 Target in Bitcoin
According to Dan Morehead’s prediction, Bitcoin price could increase by 18% from its current level and reach $117,000. At the time of publication, Bitcoin is trading at $98,713 and has gained 3.8% in the last 24 hours.
Pantera Capital’s analysis shows that each halving cycle has a significant impact on price growth. Morehead stated that this cycle may bring a more modest price increase compared to previous periods, but the Bitcoin price will still reach a significant level.
“The halving effect usually starts to be felt in the market 400 days before. The price forms the bottom of the cycle and then reaches its peak within 480 days. “This is an important road map drawn by Bitcoin’s price behavior.”
The 2025 target of $117,000 stands out as a level that will further strengthen Bitcoin’s power in the financial ecosystem. However, investors need to closely follow the dynamics and risks in the market when evaluating these projections.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
