 ▲ Bitcoin (BTC), Halving / ChatGPT-generated image |
Bitcoin (BTC) is repeating historical patterns tied to its halving cycle and is expected to form an optimal buying zone for long-term investors in the fourth quarter of this year.
According to cryptocurrency media outlet Bitcoinist on February 28 (local time), analyst Blockchainedbb noted that Bitcoin’s price movement follows a consistent rhythm of forming a bottom at a specific point before each halving event. The analyst highlighted that in previous major cycles, price bottoms were confirmed approximately 135 weeks before the halving occurred. An analysis of weekly charts shows that this timing pattern has repeatedly created accumulation zones that ensured long-term gains and served as a launching pad for explosive rallies.
The analyst projects that a valid bottom for the current cycle is likely to form toward the end of the fourth quarter this year. Blockchainedbb forecasts Bitcoin’s potential bottom range to be between $50,000 and $58,000. If the current market structure follows previous cycles, Bitcoin may continue moving sideways with gradually lower lows for most of the year before opening a full-fledged accumulation window ahead of a major upswing in the fourth quarter.
The second and third quarters of this year are expected to favor short-term traders rather than long-term holders. Blockchainedbb explained that this period may be characterized by breakdowns below key technical support levels or volatile price action lacking clear direction. In contrast, the first quarter was viewed as a period when an exit strategy around the $75,000 level proved effective for profit-taking. For investors with a long-term perspective, patience may be required until structural opportunities emerge in the fourth quarter.
The next Bitcoin halving is anticipated to occur around April 2028 at block number 850,000. Once implemented, the mining reward per block will decrease from 3.125 BTC to 1.5625 BTC, further enhancing the asset’s scarcity. Historically, supply reduction events have acted as powerful catalysts for price increases, and market participants are closely watching whether the 135-week pre-halving bottom formation rule will apply again in this cycle.
Through time-based structural analysis, the Bitcoin market is gauging new entry points, with fourth-quarter price action expected to become a decisive turning point that could determine returns over the coming years. A cautious approach that separates short-term noise and volatility from the long-term halving trajectory is required. Investors are reviewing their asset allocation plans with reference to the price range and timing window presented by the analyst.
Disclaimer: This article is for investment reference purposes only and we are not responsible for any investment losses resulting from its use. The content should be interpreted for informational purposes only.