Well-known analyst Lark Davis predicts an upward trajectory for Bitcoin through the summer of 2025. This positive outlook is based on historical patterns observed in Previous BTC Price Cyclesin which BTC experienced three major upsurges, each lasting about four years and culminating in a significant price peak within a year Bitcoin halving event.

Analyst data points to bullish fourth quarter for bitcoin

In the recent fasting in X Lark Davis pointed to impressive quarterly returns in previous halving years — 2016 and 2020. He emphasized that the fourth quarter following the halving was consistently bullish. Moreover, in post-halving years such as 2017 and 2021, Bitcoin saw bullish price action from Q1 to Q3.

Davis added: “If history repeats itself, it could bring staggering benefits that most people can’t even imagine,” predicting significant growth opportunities in 2025.

I add to that bullish mood is Rekt Capital, which recently told its 501,200 followers on X (formerly Twitter) that Bitcoin could have a mighty fourth quarter. Rekt Capital illuminated Historically, since Bitcoin’s inception, the average return in October has been 22.9%, with only two cases where it has ended lower than its October opening level.

Meanwhile, Bitcoin has averaged a -5% return in September. The only two times BTC has seen a decline in October was in 2014 (-12.95%) and 2018 (-3.83%), both during bear markets. He also noted that BTC is currently in its halving yearincreasing the potential for positive price changes.

Rekt Capital further predicts that Bitcoin could reach a cycle peak in the second half of 2025, assuming it follows established halving cycleHe explained, “In the 2015-2017 cycle, BTC peaked 518 days after the halving. In the 2019-2021 cycle, Bitcoin peaked 546 days after the halving.” If history repeats itself and the next bull market peak occurs 518-546 days after the halving, BTC could peak in mid September until mid-October 2025.”

BTC’s Last Resistance Before Bull Rally

Bitcoin price has seen a significant boost since September 8, reaching a peak of $60,771 on September 14, according to GeckoterminalThe rise marked a return above the psychological level of $60,000 for the first time since August 30.

However, after this rally, Bitcoin price went through a corrective phase, forming a rounded top pattern. This bearish formation suggests that sellers may try to push the price down towards the $55,137 support zone.

With the RSI now in a downtrend, there is a possibility that buyers could take advantage of the perceived undervaluation of the asset. A surge in demand at this level could lead to a bullish reversal, propelling Bitcoin towards a monthly high of $64,000 and potentially igniting a broader bull run into 2025.

Featured image created with Dall.E, chart from Tradingview.com