Bitcoin is currently trading in a tight range between $67,000 and $65,500, showing unclear direction in the market. This lack of direction is due to unexpected economic data and the recent impact of Spot ETH ETFs approval taking away bitcoin from the limelight.
Many in the crypto community expected, that the Bull Run would begin after the Bitcoin halving event held in April 2024, but things took a downturn. Looking at the historical Bitcoin halving pattern well-known crypto analyst Rekt Capital has outlined the possible timeline for when the next Bitcoin Bull Run will truly begin.
Bitcoin’s Historical Halving Cycles
According to Rekt Capital analysis, Bitcoin could potentially reach its peak in the current cycle around mid-September to mid-October 2025. This prediction is based on the historical pattern observed in the past Bitcoin halving events