Bitcoin, the first and most well-known cryptocurrency, traditionally shows strong growth in the third quarter after halving. Historical data supports close attention to these patterns.
Historical Data on Bitcoin Growth
Every four years, Bitcoin undergoes halving, which cuts mining rewards in half. According to historical data, Q3 after halving consistently turns out to be a successful period for Bitcoin, with an average increase of 15.48% in July and a significant rally of 36.51% in August.
Potential Growth to $140,000
Currently, Bitcoin is trading below its historical highs. However, a 30% surge could bring its price to around $140,000. Analysts point out that such bullish moves tend to happen quickly and could be spurred by current macroeconomic conditions, including cooling inflation and steady interest rates.
Questions and Expectations for the Future
The key question is whether this year’s Q3 will repeat history or break the cycle. Analysts remain on alert regarding how the situation will evolve in the crypto market.
The Bitcoin market remains volatile, and the current position creates conditions for both potential growth and possible correction. Historical patterns may assist in forecasting, but the future remains uncertain.
