Bitcoin’s next peak likely to occur in summer 2025 for current halving cycle: IntoTheBlock

On-chain data platform IntoTheBlock reported on X that Bitcoin's price has decreased by roughly 12% from its halving price of $63,900. Historically, Bitcoin peaks about 480 days after each halving, suggesting the next peak might occur in summer 2025. Currently, Bitcoin is trading at $55,008.11, showing a 1.28% increase over the past 24 hours, according to CoinMarketCap.