Bitcoin After the 2024 Halving: Why This Bull Run Feels Different
Bitcoin has once again proven its dominance in the financial world. After the April 2024 halving – when block rewards were reduced from 6.25 BTC to 3.125 BTC – history repeated itself. As in every previous cycle, the halving triggered a wave of optimism and price growth. But this time, something is different. Bitcoin has already reached an all-time high of 124,000 dollars, and experts say this bull run might last longer than anyone expected.
📉 What Happens During a Halving?
A Bitcoin halving is a programmed event that happens roughly every four years. It reduces the number of new bitcoins entering circulation, cutting the mining reward in half. With less supply available on the market, demand usually pushes the price up.
Historically, halvings have been followed by massive bull runs:
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2012: Price increased by more than 8,000%
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2016: Over 3,000% growth
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2020: Around 600% surge
But the 2024 halving seems to be creating a unique scenario.
🚀 The Extended Bull Run – What’s Different in 2024–2025?
Unlike previous cycles, where Bitcoin’s bull runs were sharp and ended relatively quickly, this time we are seeing a slower but stronger rally. Analysts are calling it the “extended bull run.”
Here’s why:
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Spot Bitcoin ETFs: For the first time in history, institutional investors can buy Bitcoin through regulated exchange-traded funds. Billions of dollars are flowing into Bitcoin every week.
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Record-Low Exchange Supply: More BTC is being held in cold storage, with fewer coins available on exchanges. This creates scarcity and reduces sell pressure.
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Global Economic Uncertainty: With inflation fears and unstable global markets, Bitcoin is being embraced as digital gold – a safe-haven asset.
📊 Bitcoin Price Milestones After the Halving
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December 2024: Bitcoin crosses $100,000 for the first time.
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May 2025: Reaches $111,000.
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July 2025: Climbs to $123,000.
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August 2025: Hits a record-breaking $124,000.
And yet, many analysts believe this is not the top. Projections for this cycle range between $150,000 and $250,000 per Bitcoin.
💡 Should You Buy Bitcoin Now?
If history is any guide, the months following a halving often present strong buying opportunities. While Bitcoin is already at historic highs, the extended bull run suggests there could be further upside in this cycle.
Whether you’re a long-term believer in Bitcoin or a trader looking to capitalize on the bull run, this may be the cycle that defines the future of digital assets.
🏁 Conclusion
The 2024 halving has done more than just reduce supply – it has reshaped the market. Institutional adoption, ETF inflows, and a shift in global finance are fueling a different kind of bull run – one that may last longer and climb higher than ever before.
The only question left is: Will Bitcoin break $150,000 in this cycle?
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