Bitcoin May Approach $150,000 by October as New Investor Activity Signals Potential Upside

Key Points

1. Bitcoin's next cycle top is projected near $150,000 by October 2025, based on historical halving fractals, with the peak expected 518-546 days after the April 2024 halving.

2. New investor activity, measured by 'young coins' in transactions, is currently at 30%, below previous peaks of 64% and 72%, indicating potential for further growth before market tops.

3. Institutional investors and ETFs are steadily accumulating Bitcoin, contributing to balanced market dynamics and a structurally healthy bull cycle.

4. Halving cycles reduce Bitcoin's block rewards by 50%, historically triggering supply shocks that lead to price surges.

5. Analyst CryptoBullet highlights a consistent pattern where Bitcoin peaks approximately 518 to 546 days after each halving event.