Piper Sandler analysts assert that the current rise of $BTC has not yet reached its peak. They base their projection on historical patterns that follow the halving cycles, which have historically driven strong increases in the asset's price.

The current cycle points to a peak in October 2025.

Patrick Moley, an analyst at the firm, explained in a note published on Friday that "previous Bitcoin halving cycles suggest that this bull run could continue for another five months." According to data, the peak after the 2017 cycle occurred 1,069 days after the lowest point, while in the 2021 cycle it took 1,059 days.

In the current cycle, the low was reached on November 21, 2022, when Bitcoin fell to $15,500. 906 days have passed since then, so Moley estimates that there could be 158 days left to reach the peak, placing it in October 2025.

In his analysis, he added that "in the last three cycles (2013, 2017, and 2021), the price of Bitcoin increased on average by 585% during the five months leading up to its peak." #BitcoinETFs #Futures_Signals