Bitcoin's Bull Run to Last Until October: PlanB's Halving Analysis

Bitcoin's price gains have historically been concentrated around the halving period, according to renowned analyst PlanB. This trend is expected to continue through October, as the current bull market is predicted to last for another 9 months.

PlanB, who has 2 million followers on Twitter, released a chart indicating that all of Bitcoin's price increases have occurred during the 6 months before the halving to the 18 months after the halving. The blue periods on the chart have mostly seen price declines.

Currently, we are in a red period, which suggests that the bull market is expected to continue until October. This analysis is based on backtested historical data and provides a useful framework for understanding Bitcoin's price movements.

While the market is currently experiencing some sideways trading and altcoin hits new lows, PlanB's analysis suggests that the bull market is far from over. As the halving period approaches, investors may want to keep an eye on Bitcoin's price movements and consider the potential for further gains.