Pundit Uses Bitcoin Halving Cycle To Show Exactly When To Start Buying BTC Again | Bitcoinist.com

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s long-term structure has always been examined through the perspective of its halving cycle, and one crypto pundit believes the pattern is pointing to a clear price bottom

The analysis centers on a recurring time-based rhythm tied to each halving event, and it proposes a specific window for when accumulation could begin again. Crypto pundit Blockchainedbb projected that the Bitcoin phase may be heading into another structured reset phase that drags on for a while, and it may not be until Q4 2024 before the best time for buying BTC presents itself.

The Bitcoin 135-Week Rule Before Halving

The timing framework is based on a recurring pattern observed ahead of Bitcoin’s halving events, highlighted by pundit Blockchainedbb. According to his analysis, each previous major Bitcoin cycle price low formed somewhere around 135 weeks before a halving takes place.

Related Reading: Why $61,359 Just Became The Most Important Bitcoin Price PointThe weekly chart shared in the analysis shows previous halving dates, including May 11, 2020, and April 19, 2024, and overlays green accumulation zones around profitable long-term entry points. Price compression into those zones in previous cycles came before explosive upside moves that eventually led to new all-time highs.

Source: Chart from BlockchainedbbApplying the same calculation forward, Blockchainedbb estimates that the next meaningful bottom could form in late Q4 of this year. The projected price range for that bottom is between $50,000 and $58,000. This range is derived by extrapolating the current cycle’s structure from the previous halving-era bottom.

If the pattern repeats itself again, that means Bitcoin will continue trading in a range of lower lows for most of the year, then position Q4 as the accumulation window before the next sustained uptrend of higher highs kicks in.

Q2 And Q3: A Trader’s Market

Under this approach, Q1 and Q4 are considered by the pundit as the primary windows for investors looking to build longer-term exposure. Q4 is seen as the likely bottoming phase, while Q1 is projected for investors to exit at an approximate price of $75,000

Related Reading: Why The Bitcoin Price May Have Hit Rock Bottom Already At $63,000On the other hand, Bitcoin price history shows that the remaining quarters, Q2 and Q3, are environments better suited for active short-term traders than long-term holders. According to the pundit, Q2 and Q3 have always been characterized by directional moves and breakdowns below key technical levels, particularly the 200-week exponential moving average for altcoins. During these phases, short-term positioning and tactical trades tend to dominate.

Therefore, the most positive long-term technical outlook is for investors to wait for the more favorable structural window in the fourth quarter of 2026. As it stands, the next Bitcoin halving is projected to take place sometime in April 2028. It will happen at block height 850,000, reducing the block reward from 3.125 to 1.5625 BTC.

BTC trading at $63,605 on the 1D chart | Source: BTCUSDT on Tradingview.comFeatured image from Pixabay, chart from Tradingview.com Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.