Bitcoin has been on the rise recently, shifting attention to its ability to maintain gains in the coming months. During this period, Bitcoin is supported by several key factors, including the recently approved spot Bitcoin exchange-traded funds seen as a long-term strength factor, along with the upcoming halving event that complements this rising sentiment.
Eyes on the Halving Event
To speculate on Bitcoin’s next move, two crypto analysts, including the notable best_analysts, believe that Bitcoin’s future holds both exciting potential and the risk of sudden volatility loss. Although the analysts differ on the timing of specific price movements, they agree on the general trend; they foresee a significant bull run reaching an all-time high by 2025, influenced by the halving event set to occur in 2024.
In this context, best_analysts emphasized the importance of long-term investors evaluating their positions between April and August 2025 in a post published on January 28th. Historical price patterns indicate a potential increase in Bitcoin’s price following the fourth halving event in April 2023.
As the analyst pointed out, Bitcoin consistently reached record levels about a year after the halving event, making 2025 an important period to watch.
Famous Analyst’s 2025 Prediction
Santana, in a series of TradingView posts from January 25th to 28th, highlighted Bitcoin’s potential to reach $180,000, $220,000, or even more by 2025. To support this outcome, Santana drew parallels between the pre-halving correction seen between 2019 and 2020 and compared them to the ongoing price movement and the expected halving event.
Santana observed a five-month relief rally in Bitcoin in 2019, followed by a corrective phase peaking in March 2020. In 2023, a four-month relief rally was followed by a long-term consolidation and then another four months of gains. January marked the first red month within 426 days:
“Bitcoin’s price is likely to recover in the same month and then embark on a long-term bull rally as preparation for a major bull run. We need to wait and see whether the next All-Time High in 2025 will stop at $180,000, $220,000, or go beyond.”