Bitcoin Might Be Poised For The Last Great Rally

Crypto expert and trader Stockmoney Lizards, in a bold statement, has declared that the last cycle pump for Bitcoin has started

Crypto expert Stockmoney Lizards has boldly announced the commencement of Bitcoin's last cycle pump, heralding a new and explosive phase for the leading digital asset. This declaration, made amidst the ongoing market rebound, has sparked enthusiasm and anticipation among investors and traders, who now eagerly await substantial gains in the coming months.

According to Lizards, this perspective indicates that Bitcoin is poised for its final significant rally in the current market cycle. The expert's forecast is based on past cycle trends, which suggest that BTC is set to surge to unprecedented prices.

While the crypto expert anticipates the beginning of the last price pump of this BTC cycle, he expects the prices to top out around September to October of the following year. During this time, his next target and cycle top for the crypto asset are set within the $200,000 to $260,000 range.

Emphasizing the patterns observed in the last three cycles, Stockmoney Lizards highlighted that BTC has consistently topped out around 48 months after the Bitcoin Halving event in each cycle. "The trendlines (red for the bear case, green for the bull case) project potential price floors," he noted.

Considering this pattern, the analyst anticipates the next cycle peak at prices ranging from $200,000 to $260,000, reflecting his optimism toward the crypto asset’s long-term potential.

Stockmoney Lizards' bullish forecast aligns with crypto analyst PharaohX33, who has also predicted an impending major rally for BTC, possibly to a new all-time high based on past cycle price performances. After analyzing the last cycle, the analyst suggests that BTC is gearing up for its next bullish phase, indicating a correlation between this current cycle and the 2020 cycle.

According to Pharaoh, Bitcoin started to rise in 2020 between 670 and 680 days after the bear market bottom was achieved. Furthermore, the crypto asset entered a consolidated phase and began breaking out roughly 160 to 170 days following the Halving event in that year.

Meanwhile, in this cycle, BTC is approximately 668 days away from the last bear market low and has consolidated for about 152 days since the last Halving event, which occurred in April this year.

Drawing a parallel with the 2020 cycle trend, the expert’s projection implies that BTC's next bullish phase is expected to begin in the upcoming days. This anticipated price breakout will likely trigger a major rally to a cycle top.