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Pantera Capital CEO: Predicts that the Bitcoin bull market cycle will peak in August 2025
Bitget2024/12/26 05:59
Pantera Capital CEO Dan Morehead predicts that the next bull market cycle for cryptocurrency will peak in 2025. In the Bankless podcast, he elaborated on the basis of this prediction: Bitcoin follows a four-year halving cycle, and miner rewards halve leading to a decrease in supply. Historically, these events have led to significant increases in Bitcoin prices. The last halving occurred in April 2024, and based on historical trends, Morehead predicts that Bitcoin will reach its cyclical peak in August 2025.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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