Analysts predict that the current bull market for Bitcoin began in mid-2023, with an average cycle of about 756 days, and it is expected to peak around the end of May 2025. This timeline aligns closely with the halving effect: after the last three halvings, the price of Bitcoin saw several times increases within 12-18 months. For example, after the 2020 halving, the increase over the year was 536%, and after the 2024 halving, analysts predict that this round of growth may exceed 127%, with a target price of $156,000.
Key validation point: If Bitcoin breaks through $100,000 in May, it will trigger a 'FOMO sentiment' (fear of missing out), attracting more hesitant funds to enter the market, accelerating the price peak.