The cryptocurrency market is brimming with high expectations for the coming years. Dan Morehead, CEO of Pantera Capital, forecasts that Bitcoin 
$98,280 will reach the peak of its bull cycle by 2025. He supports this prediction with data based on Bitcoin’s historical price movements and halving cycles, capturing the interest of both individual and institutional participation.
Bitcoin’s Annual Halving Cycle and Market Impact
Morehead points out that Bitcoin prices rely heavily on a four-year halving cycle. The halving event is known for restricting supply by halving mining rewards. Historically, this event has led to significant price increases for Bitcoin.
He mentioned that the impacts of the halving on prices generally begin before the event and peak within 480 days after. “Based on historical data, we predict Bitcoin will peak in Aug...
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