Bitcoin

<div class="sg-post-des">
  Bitcoin hodlers need to look at November 2024 for clues as to when BTC price will aim for the moon next, says CryptoCon. 
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<div class="cointelegraph"> 
 <p>Bitcoin (BTC) is about to test hodlers with a “mid cycle lull” before starting a bull run in late 2024, a new BTC price model states.</p> 
 <p>According to its creator, popular analyst CryptoCon, the “November 28th Cycles Theory” demands the BTC price all-time high in 2025.</p> 
 <h2 id="countdown-to-btc-price-bull-run-launch">Countdown to BTC price “bull run launch”</h2> 
 <p>Amid debate over the nature of the current Bitcoin four-year price cycle, CryptoCon believes that all may be simpler than many imagine when it comes to how BTC/USD behaves at a given time.</p> 
 <p>Unveiling the November 28th chart on X (formerly Twitter), he delineated the date as a key pivot point in the year, along with a three-week period either side.</p> 
 <p>“Using 4-year time cycles against my Theory, produces Bitcoins exact behavior in time since its inception. Cycles are centered around the date of the first halving Nov 28th,” he explained. </p> 
 <blockquote>
   “Bitcoin price action began at the first bottom October 8th, 2010. This is where cycle curves peak, every 4 years. Tops and bottoms come +/- 21 days from Nov 28th at their appropriate times on the curve. Tops on the upswing, bottoms on the pinnacle.” 
 </blockquote> 
 <p>The chart describes November 28 as the date Bitcoin sees a “bull run launch” every four years. The last was in 2020, when BTC/USD broke beyond its prior all<a rel="noopener noreferrer nofollow" title="-time" href="https://thebittimes.com/tag/time.html">-time</a> high (ATH) to hit its current $69,000 record a year later.</p> 
 <p>The next point of interest is thus November 2024. Until then, BTC <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> action will spend its time in a “mid cycle lull.”</p> 
 <p>“After Bitcoin bottoms, <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> makes an early first cycle move (orange) and enters into a mid-cycle lull,” CryptoCon continued.</p> 
 <blockquote>
   “This is the longest part of the cycle, where Bitcoin spends time around the median price (half of previous ATH), until the curve bottoms.” 
 </blockquote> 
 <figure> 
  <img src="https://cdn.thebittimes.com/images/2023/09/08/95e2bf9002ba05418e03481adf008104.webp"> 
  <figcaption style="text-align: center;"> <em>Bitcoin November 28th Theory chart. Source: CryptoCon/X</em> 
  </figcaption> 
 </figure> 
 <p>He added that Bitcoin had “almost certainly” seen its early top, referencing the $31,800 local highs from July this year.</p> 
 <h2 id="a-bitcoin-bull-market-fakeout">A Bitcoin “bull market fakeout”</h2> 
 <p>As Cointelegraph reported, opinions on where BTC <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> action will go into the 2024 block subsidy halving differ.</p> 
 <p><strong><em>Related: Bitcoin halving can take BTC price to $148K by July 2025 — Pantera Capital</em></strong></p> 
 <p>Some argue that modest gains will be all that hodlers will see before the event, scheduled for April next year.</p> 
 <p>In an interview with Cointelegraph this week, Filbfilb, co-founder of trading suite Decentrader, nonetheless delivered a $46,000 target for the halving, with $35,000 slated for year end.</p> 
 <p>In his latest newsletter published on Sep. 5, meanwhile, CryptoCon summarized 2023 BTC price behavior as a “bull market fakeout.”</p> 
 <p>“This makes it appear as if the bull market has begun with the trigger of many signals, but then at some point, <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> fails to continue,” he wrote.</p> 
 <blockquote>
   “This is the most convincing example we’ve seen of this yet. Personally, I think there is still some time to go for that and I am patiently awaiting its completion.” 
 </blockquote> 
 <figure> 
  <img src="https://cdn.thebittimes.com/images/2023/09/08/96962f90280fb1b69f2dce8e31c3ec88.webp"> 
  <figcaption style="text-align: center;"> <em>BTC/USD 1-day chart. Source: TradingView</em> 
  </figcaption> 
 </figure> 
 <p>BTC/USD traded at $26,200 at the time of writing on Sep. 8, per data from Cointelegraph Markets Pro and TradingView.</p> 
 <p class="post-content__disclaimer">This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. </p> 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-all-time-high-in-2025-btc-price-idea-reveals-bull-run-launch-tbt62007.html">https://thebittimes.com/bitcoin-all-time-high-in-2025-btc-price-idea-reveals-bull-run-launch-tbt62007.html</a></p>

Bitcoin all-time high in 2025? BTC price idea reveals 'bull run launch'

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