Analyst Reveals Bitcoin’s Halving Cycle Signals Untapped Potential—What’s Next?
Bitcoin’s price performance in recent weeks has maintained a sluggish movement, with the cryptocurrency now hovering near the $97,000 mark. Despite the 3% decline over the past two weeks, Bitcoin remains within a consolidation phase following its January all-time high above $109,000. As the asset lingers in this range, discussions around the ongoing halving cycle and its potential impact on future price movements have gained momentum. One noteworthy perspective comes from CryptoQuant analyst Oinonen, who recently shared insights into Bitcoin’s current standing relative to past halving cycles. Institutional Activity and Market Signals In a detailed analysis titled “Comparing Post-Halving Performance,” Oinonen pointed out that Bitcoin’s price has only risen 63% since the most recent halving in April 2024. This contrasts sharply with the 686% surge seen in the halving cycle of 2020-2021. While the power-law model and the principle of diminishing returns suggest more subdued gains over time, the relatively modest appreciation since the last halving indicates that the current cycle may still be in progress, leaving room for further upside. Bitcoin halving cycle analysis. | Source: CryptoQuantOinonen also highlighted the role of institutional players in shaping Bitcoin’s price outlook. Notably, Strategy (formerly MicroStrategy) continues to be an influential market participant. In early 2025, the company increased its Bitcoin holdings by 7,633 BTC, bringing its total to roughly 478,740 units. According to Oinonen, Strategy’s ongoing acquisition strategy is a key indicator of institutional demand. Historically, these purchases have been pro-cyclical, suggesting that continued accumulation could signal a positive trajectory for Bitcoin’s spot price. Conversely, a slowdown in institutional buying could reflect a weaker market sentiment. Long-Term Outlook Amid Unfinished Halving Cycle Looking ahead, Oinonen anticipates a mixed market environment. Short-term challenges, such as a potential “sell in May” effect and a stagnant summer, may give way to stronger performance in the fourth quarter. The analyst reveals that this seasonal pattern has played out repeatedly in previous years, often resulting in elevated price levels by year’s end. However, the possibility of a more significant correction—spanning several months or even a year—remains on the table, particularly if macroeconomic events, such as geopolitical resolutions, shift market dynamics. Overall, the current halving cycle, by Oinonen’s analysis, appears incomplete. The moderate gains since April 2024 reflect a market that has yet to fully capitalize on the reduced issuance rate. As such, the notion that Bitcoin’s bull run might still have legs is underpinned by historical trends and the presence of institutional players like Strategy. The interplay between reduced supply and continued demand sets the stage for potential upward movements, even as near-term volatility persists. BTC price is moving sideways on the 2-hour chart. Source: BTC/USDT on TradingView.comFeatured image created with DALL-E, Chart from TradingView Samuel Edyme Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events—like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ’s arrest—has honed his keen sense of market dynamics. When he isn’t crafting engaging crypto content, you’ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he’s catching some Z’s or scrolling through Elon Musk’s very own X platform—(oops, another screen activity, my bad…) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters—(don’t judge, that’s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or “kaizen,” striving to be 1% better every day. His mantras, “God knows best” and “Everything is still on track,” reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He’s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck—unflappable. Edyme is like trading in your car for a jet—bold. He’s the guy who’d ask his boss for a pay cut just to prove a point—(uhhh…). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent—okay, maybe that’s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That’s just not the way he roll. He has these favorite lyrics from NF’s “Clouds” that resonate deeply with him: “What you think's probably unfeasible, I've done already a hundredfold.” PS—Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He’s 100% Him-alayan. Screw it, he ate the opp. Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. 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