Now, we all know the Bitcoin halving is when Bitcoin mining rewards are cut in half.
But did you know that the halving dates have also represented almost perfect symmetry within past bull cycles?
That’s what trader Peter Brandt has pointed out in his latest research article.
Brandt explains that the halving date is almost perfectly in the middle of the cycle low and cycle high.
Here’s the break down:
1.) Halving 1
- 385 days from cycle low to Halving date.
- 357 days from Halving date to cycle high.
2.) Halving 2
- 532 days from cycle low to Halving date.
- 532 days from Halving date to cycle high.
3.) Halving 3
- 497 days from cycle low to Halving date.
- 546 days from Halving date to cycle high.
4.) Halving 4 (this cycle)
- 490 days from cycle low to Halving date.
- 490 days from Halving date to cycle high?
Now it’s not quite an exact match (except for Halving 2 - that’s kind of insane though), but it’s been pretty close.
Using this pattern, Brandt predicts when the market is likely to hit a top:
“If this sequence continues, the next bull market cycle high should occur in late Aug/early Sep 2025.”
Brandt also predicts what price range Bitcoin could hit during this cycle:
“Should this tendency also continue, the high of this bull market cycle could be in the $130,000 to $150,000 range. The X on the chart marks the probable high date and price level.”
However, this prediction is entirely based on past cycle performance.
So it goes without saying:
Past performance is not an indicator of future results
But it is a little spooky how well they’ve lined up in the past…gotta love symmetrical charts.