Odaily星球日报讯 Pantera Capital 首席执行官 Dan Morehead 在 Bankless 播客中预测，加密货币市场主要牛市周期将在 2025 年达到顶峰。Morehead 解释说，比特币的价格走势一直遵循四年减半周期。从历史上看，比特币的价格在这些事件前后出现了大幅上涨，上一次减半发生在 2024 年 4 月。 根据历史趋势，Morehead 预测比特币将在 2025 年 8 月达到周期峰值。他强调，尽管与之前的周期相比，市场状况更为温和，但即将到来的反弹仍然看起来值得期待。 其表示：“2025 年的前景非常乐观，不仅因为减半事件，更因为政治和宏观经济因素与加密货币的发展相契合。”Morehead 对比特币峰值的目标价格为 117,000 美元，比当前价格上涨 18%。他补充说，历史数据显示，减半的影响始于约 400 天前，峰值出现在约 480 天后。 早在 2022 年，当比特币的交易价格为 17,000 美元时，Pantera Capital 就正确预测了比特币将在减半时达到 28,000 美元，而 Morehead 现在对他的预测很有信心，即到 2025 年 8 月比特币将达到 117,000 美元。 （Cryptodnes）

Odaily星球日报讯 Pantera Capital 首席执行官 Dan Morehead 在 Bankless 播客中预测，加密货币市场主要牛市周期将在 2025 年达到顶峰。Morehead 解释说，比特币的价格走势一直遵循四年减半周期。从历史上看，比特币的价格在这些事件前后出现了大幅上涨，上一次减半发生在 2024 年 4 月。根据历史趋势，Morehead 预测比特币将在 2025 年 8 月达到周期峰值。他强调，尽管与之前的周期相比，市场状况更为温和，但即将到来的反弹仍然看起来值得期待。其表示：“2025 年的前景非常乐观，不仅因为减半事件，更因为政治和宏观经济因素与加密货币的发展相契合。”Morehead 对比特币峰值的目标价格为 117,000 美元，比当前价格上涨 18%。他补充说，历史数据显示，减半的影响始于约 400 天前，峰值出现在约 480 天后。早在 2022 年，当比特币的交易价格为 17,000 美元时，Pantera Capital 就正确预测了比特币将在减半时达到 28,000 美元，而 Morehead 现在对他的预测很有信心，即到 2025 年 8 月比特币将达到 117,000 美元。（Cryptodnes）

Pantera Capital CEO预测当前牛市周期将在2025年8月触顶，BTC或涨至11.7万美元

Odaily reports that Pantera Capital CEO Dan Morehead predicted in the Bankless podcast that the main bull market cycle in the cryptocurrency market will peak in 2025. Morehead explained that Bitcoin's price movements have always followed a four-year halving cycle. Historically, Bitcoin's price has seen significant increases before and after these events, with the last halving occurring in April 2024. Based on historical trends, Morehead predicts that Bitcoin will reach its cycle peak in August 2025. He emphasized that although the market conditions are more moderate compared to previous cycles, the upcoming rebound still looks promising. He stated: "The outlook for 2025 is very optimistic, not only because of the halving event, but also because political and macroeconomic factors are aligned with the development of cryptocurrencies." Morehead's target price for Bitcoin's peak is $117,000, an 18% increase from the current price. He added that historical data shows the impact of the halving begins about 400 days in advance, with the peak occurring about 480 days later. As early as 2022, when Bitcoin's trading price was $17,000, Pantera Capital correctly predicted that Bitcoin would reach $28,000 at the time of the halving, and Morehead is now confident in his prediction that Bitcoin will reach $117,000 by August 2025. (Cryptodnes)

Odaily reported that Pantera Capital CEO Dan Morehead predicted in the Bankless podcast that the main bull market cycle of the cryptocurrency market will peak in 2025. Morehead explained that Bitcoin's price movements have always followed the four-year halving cycle. Historically, Bitcoin's price has seen significant increases before and after these events, with the last halving occurring in April 2024. Based on historical trends, Morehead predicts that Bitcoin will reach its cycle peak in August 2025. He emphasized that although the market conditions are more moderate compared to previous cycles, the upcoming rebound still looks promising. He stated: "The outlook for 2025 is very optimistic, not only because of the halving event, but also because political and macroeconomic factors are aligned with the development of cryptocurrencies." Morehead's target price for Bitcoin's peak is $117,000, an 18% increase from the current price. He added that historical data shows the impact of the halving begins about 400 days in advance, and the peak occurs about 480 days later. As early as 2022, when Bitcoin's trading price was $17,000, Pantera Capital correctly predicted that Bitcoin would reach $28,000 at the time of the halving, and Morehead is now confident in his prediction that Bitcoin will reach $117,000 by August 2025.

Pantera Capital CEO predicts that the current bull market cycle will peak in August 2025, and BTC may rise to $117,000

The arrival of Christmas has been accompanied by Bitcoin. The market had originally expected investors to temporarily withdraw, and the low liquidity would continue to fluctuate at low levels. However, it may be that institutions or <whales> have taken the opportunity to accumulate. Bitcoin briefly reached $99,968 at 8 a.m. this morning, extremely close to the $100,000 mark. As of the time of writing, it has retreated slightly and is currently trading at $98,945.

Analyst: Bitcoin may reach a new high on January 17
Regarding the future trend of Bitcoin, Vetle Lunde, head of research at K33, recently stated that based on the previous bull market cycle, Bitcoin may reach a new high around January 17 in each cycle.

K33 Research: If history repeats itself, Bitcoin may reach the peak of this bull market on 1/17

Here is the English translation:

- The degree of correction in BTC during the bull market rally is weakening
- BTC long-term holders have realized profits reaching a new high of $2.1 billion
- BTC wealth redistribution
- The bull market has not yet reached its peak
- Conclusion: The current situation may be in the late stage of the bull market

BTC hit a new historical high of $108,365 on the 17th, and then experienced a large correction of nearly 15%, with the lowest point reaching $92,268 on the 21st. However, BTC has shown a relatively strong rebound in the past 24 hours, and is currently reported at $98,085 as of the time of writing.

Glassnode Research: Bitcoin’s retracement in each cycle is weakening, or it may have entered the late stage of the bull market

Odaily Odaily reports that cryptocurrency research firm K33 pointed out that Bitcoin has been fluctuating since breaking the $100,000 milestone earlier this month. However, based on historical data, Bitcoin may set a new all-time high around mid-January next year. K33 research chief Vetle Lunde said that based on data from the past three cycles, the average duration from Bitcoin's first all-time high to the last all-time high in each cycle is 318 days. Since Bitcoin reached its first all-time high in the current cycle on March 5, if the average duration of the previous cycles is repeated, investors may see Bitcoin reach a new high in this cycle on January 17, 2025. Lunde wrote in a recent report: "Trump's election was a catalyst for the strong fourth-quarter market rally, and given that the political process may take time to materialize, Trump's inauguration will be the natural end of this momentum."