Crypto market specialist Luca, on X (previously Twitter), reinforces his anticipation for a major Bitcoin price surge in the upcoming quarter. He contests the predictions of a prolonged Bitcoin consolidation, which are based on fractals and market trends seen in 2023 and early 2024, arguing that they overlook a key element: 2025 is a post-halving year.

Luca identifies a steady pattern manifested in every post-halving year in Bitcoin’s timeline. His chart analysis, released on June 26, underscores that Q3 in these years has consistently showcased strong performance, with no historical evidence of weakness, thus bolstering the argument for a bullish surge.

The chart contrasts Q3 results during post-halving years of 2013, 2017, and 2021. In all instances, Bitcoin commenced the third quarter with moderate or corrective pricing, only to experience a major rally in the subsequent weeks.

The left section of the chart illustrates the 2013 post-halving year, where Bitcoin soared from less than $100 in July to over $680 in November. The middle section of the chart depicts a similar trajectory in 2017, where BTC broke out from below $2,800 in early Q3 to exceed $16,000 by year-end. The latest cycle in 2021, depicted in the right section of the chart, saw a Q3 recovery rally that propelled Bitcoin from under $39,000 in July to a new all-time high surpassing $69,000 in November.

Luca asserts that this consistent historical performance is not random, predicting a similar rally in the current cycle in the next few months. While he recognizes the chance of a momentary drawback, he stresses that Bitcoin’s broader market structure remains decidedly bullish, with the momentum still favoring further ascent.

As for future predictions, Luca’s chart exposes technical factors aligning with his bullish hypothesis. Drawing from crucial Fibonacci Extension levels, he projects that BTC’s next cycle peak could range between $140,000 and $160,000, a milestone he believes could be reached by the end of Q3.

Even though the precise target might vary based on the evolution of technical confluences, the expectation of an impending Bitcoin rally remains. With BTC currently trading around $107,423 after bouncing back from a recent dip below $100,000, a potential leap to $140,000 or even $160,000 would represent a significant gain of about 30.35% and 48.97%, respectively.

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