Bitcoin's $130,000 Target: The Potential Impact of Halving and Cycle Peaks

The expected upward trend in the cryptocurrency markets for 2025 has become the subject of analyses suggesting Bitcoin could reach around $130,000. According to the analysis reports, the $130,000 level is considered an important target point reflecting Bitcoin’s potential to hit its all-time high.

Market Cycle and On-Chain Data

Analysis by crypto analyst CryptoCon indicates that Bitcoin follows a specific market cycle. The analyst predicts that approximately 21 days after November 28, 2025, the “cycle peak” phase will occur, during which Bitcoin could trade between $90,000 and $130,000.

On-chain data shows that Bitcoin reserves on exchanges are at their lowest in the past six years. This indicator reflects investor tendencies to hold crypto assets long-term and suggests strong expectations for a price increase. After reaching Bitcoin’s all-time high of $126,080, the $130,000 level is regarded as a significant psychological milestone for investors.

2015 Analogy: Repetition of Historical Patterns

CryptoCon’s analysis draws parallels with Bitcoin’s past market cycles. The early peak point identified for Bitcoin on July 13, 2023, exhibits characteristics similar to the market movements of 2015. During that period, Bitcoin declined to its lows in August and then rebounded in November.

These historical similarities suggest that Bitcoin could repeat a similar movement cycle. According to the analyst, such market cycles demonstrate that, despite the maturation of the crypto market, certain recurring patterns still persist.

Factors Supporting the Achievement of $130,000

Reaching the $130,000 level for Bitcoin is supported by several factors. The first is the recent halving event; this structural change in Bitcoin’s supply historically triggers price increases.

Additionally, potential approval of a Bitcoin spot ETF and positive developments in the regulatory environment are considered fundamental supports for reaching the $130,000 target. Growing institutional investor interest and on-chain indicators showing strong accumulation signals further reinforce these predictions.

Compared to the current price level of $66,300, reaching $130,000 would represent approximately a doubling, and such potential movements are historically supported by post-halving periods.