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<p>Trader Tardigrade, known as <a href="https://twitter.com/TATrader_Alan/status/1738474522938945588?t=fF1gOfGC13SWU59Ec1NiuA&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">@TATrader_Alan on Twitter</a>, recently posted an analysis of Bitcoin’s “halving” cycles and how they have impacted price. According to Tardigrade, Bitcoin has now undergone four “2-wave Halving Bull Runs,” each triggered by the periodic halving of Bitcoin’s block reward.</p>
<p>Tardigrade explains that Bitcoin is currently in the first wave of the fourth post-halving bull run, which started in 2020 after the previous halving. Based on his chart analysis, he states: “This pattern has never failed!! #Bitcoin has undergone the 4th “2-wave Halving BULL RUN”. $BTC is just at the middle of the first wave. $200k is estimated at the end of this 2-wave Halving Bull Run in the mid of 2025.”</p>
<p><strong>Examining Previous Cycles</strong></p>
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<p>In further detail, Tardigrade points out that the first halving cycle took Bitcoin’s price to around $1,000, the second halving cycle peaked around $20,000, and the third halving cycle topped out around $69,000. Each of these major price increases aligned with the second wave of their respective halving cycles.</p>
<p>Now in the second wave of the fourth halving cycle, Tardigrade estimates Bitcoin could reach $200,000 “around mid 2025” based on the consistent pattern across all previous halving eras.</p>
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<p><strong>Reliable Indicator</strong></p>
<p>While anything can happen in the volatile cryptocurrency markets, Bitcoin’s built-in halving events have proven to be a remarkably reliable indicator for major bull runs over its history.</p>
<p>As Tardigrade notes, this consistent cycle of supply shocks and subsequent price rises is a pattern “that has never failed.” If the established trend repeats again this halving era, Bitcoin’s price still has substantial room to run in the second wave over the next 2-3 years based on the $200k target.</p>
<p>Time will tell whether this projection based on previous halving cycles continues to remain accurate. But for investors pondering if and when Bitcoin may rise toward its all-time high again, the insight from analysts like Tardigrade shows there are quantitative models suggesting more upside is still ahead in Bitcoin’s fourth halving paradigm.</p>
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<p>The post <a href="https://captainaltcoin.com/btc-analyst-reveals-bitcoin-halving-pattern-that-has-never-failed-this-is-the-next-price-target/" rel="noopener noreferrer nofollow">BTC Analyst Reveals Bitcoin Halving Pattern that ‘Has Never Failed’: This is the Next Price Target</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

BTC Analyst Reveals Bitcoin Halving Pattern that ‘Has Never Failed’: This is the Next Price Target

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