Historical Context:
After each previous halving, Bitcoin has entered a strong bull market, typically peaking 12 to 18 months later:
• 2012 halving → ATH in late 2013
• 2016 halving → ATH in late 2017
• 2020 halving → ATH in late 2021
Assuming the latest halving occurred around April 2024, BTC is now in the early phase of what could be the next major bull run.
Current Technicals:
• Current Price: $87,273.26
• Weekly Change: +2.46%
• The chart shows:
• A breakout above descending resistance (yellow trend lines)
• A potential bullish continuation pattern
• Support around $85,000 holding strong
Projection:
• If Bitcoin follows the same post-halving trajectory, a new all-time high (ATH) could be expected between $120,000 and $150,000 sometime in late 2025 or early 2026.
• The current range between $80,000 and $90,000 may represent a consolidation zone before a major breakout.
• The “Up” signal and positive momentum suggest an ongoing upward move.
After each previous halving, Bitcoin has entered a strong bull market, typically peaking 12 to 18 months later:
• 2012 halving → ATH in late 2013
• 2016 halving → ATH in late 2017
• 2020 halving → ATH in late 2021
Assuming the latest halving occurred around April 2024, BTC is now in the early phase of what could be the next major bull run.
Current Technicals:
• Current Price: $87,273.26
• Weekly Change: +2.46%
• The chart shows:
• A breakout above descending resistance (yellow trend lines)
• A potential bullish continuation pattern
• Support around $85,000 holding strong
Projection:
• If Bitcoin follows the same post-halving trajectory, a new all-time high (ATH) could be expected between $120,000 and $150,000 sometime in late 2025 or early 2026.
• The current range between $80,000 and $90,000 may represent a consolidation zone before a major breakout.
• The “Up” signal and positive momentum suggest an ongoing upward move.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.