Bitcoin's strong performance in April and May has reignited market hopes for a major bull market breakout. From April 9 to May 22, the price of Bitcoin surged by 46.32%, with an increase of 18.48% from May 5 to May 22. The price rebound also boosted its Compound Annual Growth Rate (CAGR), signaling a revival of market optimism.
As prices rebounded, BTC's compound annual growth rate skyrocketed.
Cryptocurrency analyst Axel Adler Jr recently highlighted the significant surge in Bitcoin's four-year compound annual growth rate. In April 2025, this growth rate had dropped to just 7%, reflecting Bitcoin's volatility earlier in the year. In January, Bitcoin's price rose by 9.54%, but then fell sharply in the following months—down 17.5% in February and down 2.19% in March. In April, Bitcoin's price even dipped to a low of $74,446.79.
However, the market rebounded strongly. By June 2025, Adler reported that Bitcoin's compound annual growth rate had rebounded to 31%.
Adler stated, "This strong rebound indicates that long-term trends can quickly shift when strong buying momentum enters the market."
However, he noted that a 31% compound annual growth rate is still below historical bull market peaks, indicating there is still significant room for growth.
Will BTC's price reach $168,000 by October?
Axel Adler Jr predicts that, assuming the futures market and leverage continue to maintain their growth momentum, Bitcoin's target price could reach $168,000 by October 2025.
He made this prediction based on observed accelerated growth during previous bull markets and historical patterns.
