A recurring thesis among on-chain analysts is gaining renewed attention: if Bitcoin's post-halving price cycle follows its historical pattern, the market may not find its cycle bottom until October. The argument rests on the consistent lag between the halving event — which cuts the block subsidy in half and reduces new supply issuance — and the point at which selling pressure from miners and early holders fully exhausts itself.
Past cycles have shown a roughly 12-to-18-month window between the halving and the eventual trough before the next major bull leg. With the April 2024 halving now in the rearview mirror, October sits squarely inside that historical range. Analysts tracking this pattern treat it less as a hard prediction and more as a probabilistic anchor — a timeframe to watch for accumulation opportunities rather than a guaranteed floor.
For investors, the implication is…