Bitcoin dipped to $103,450 yesterday, wiping out about $1 billion in leveraged bets over the past 24 hours. Many traders hurried to sell, but the fall was short-lived.<\/p>\n
Bitcoin<\/a> found its footing and climbed back to $104,400 by the time this report was filed. According to a recent analysis by crypto researcher Klarch, this pullback was expected and might just be a pit stop before another run to fresh highs.<\/p>\n Based on examination<\/a> by Klarch, Bitcoin tends to follow a familiar path after each halving. One year after the 2016 halving, it rose about 280%. After the 2020 halving, it jumped roughly 550% in 367 days.<\/p>\n Right now, Bitcoin has only moved up around 70% in the 416 days since the last halving. Klarch points out that in past cycles, these numbers picked up speed after a slow start. So, he says, there\u2019s still room for more growth.<\/p>\n Bitcoin cycles are identical\u2026<\/p>\n \u2013 In 2016, $BTC<\/a> grew by 280%, 365 days after Halving History repeats, here\u2019s $BTC\u2019s near future pic.twitter.com\/wshX4egwbC<\/a><\/p>\n \u2014 Klarck (@0xklarck) June 5, 2025<\/a><\/p>\n\n These percentages matter because they hint at what might come next. If Bitcoin\u2019s history repeats, the best gains could be just around the corner. Information from blockchain data supports this too.<\/p>\n For example, trading volume and on-chain addresses hit new highs in recent weeks. That fits the pattern Klarch described\u2014after the initial rise, there\u2019s often a bigger rally.<\/p>\n Bitcoin set a record of $112,100<\/a> on January 20, then edged up to $111,980 on May 22. Rather than signaling an end, Klarch believes these milestones mark the start of a higher peak. He sees those moves as part of the cycle\u2019s build-up, not its climax. Based on his chart work, each cycle has multiple tops before it finally tops out.<\/p>\n Klarch didn\u2019t offer an exact date for a new peak, but he did suggest that Bitcoin has not yet hit its ceiling. He notes that a series of all-time highs usually happens when sentiment is still turning positive. Once more traders feel FOMO<\/a>, the price often accelerates rapidly.<\/p>\n Demand And Liquidity Driving Price<\/strong><\/p>\n Liquidity pouring into the crypto market has been a key talking point. Klarch says that steady buys from institutions and US Bitcoin spot ETFs<\/a> have made Bitcoin scarcer on exchanges.<\/p>\nRecurring Cycle Patterns<\/strong><\/h2>\n
\n\u2013 In 2020, $BTC<\/a> grew by 550%, 367 days after Halving
\n\u2013 Now, 416 days post-Halving, $BTC<\/a> +70% \u2014 growth ahead\u2026<\/p>\nSigns Of The Next Surge<\/strong><\/h2>\n