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- Bitcoin has reached a excessive of $59,485 following a 15% rally throughout the final 48 hours.
- Ben Armstrong predicts that the present bull run will finish in April 2025.
- Peter Brandt contended that the end result of this bull run may happen round August or September 2025.
Whereas Bitcoin strikes to assert a brand new all-time excessive, crypto pundits like Ben Armstrong predict when this cycle’s bull run might finish. Bitcoin has reached a excessive of $59,485 on the time of this report, following a 15% rally throughout the final 48 hours.
Amid Bitcoin’s praiseworthy efficiency, Armstrong shared his view in a latest episode on his YouTube channel concerning when Bitcoin’s bullish rally may finish.
Armstrong confidently predicted that the present bull run would culminate on April Idiot’s Day of 2025. He identified that this cycle’s bullish section commenced final October, putting April 2025 at round 18 months, according to historic patterns. In consequence, Armstrong emphasised that the market barely has one 12 months left on this bull run, and Bitcoin is about to interrupt a brand new all-time excessive.
In the meantime, Armstrong offered another state of affairs suggesting that the present bull run won’t have even began but. He advised that Bitcoin’s worth surge might be primarily pushed by the joy surrounding the lately authorised Bitcoin spot exchange-traded funds (ETFs).
Armstrong identified that it’s unprecedented for Bitcoin to try to surpass its speedy earlier all-time excessive earlier than a brand new halving occasion. On this alternate view, he proposed that post-halving, Bitcoin’s bull run may conclude by October 2025.
Notably, Armstrong’s various perspective aligns with the views of legendary dealer Peter Brandt. Not too long ago, Brandt contended that the end result of this bull run may happen round August or September 2025, foreseeing a outstanding $200k all-time excessive for BTC.
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