Why Bitcoin has a 700 day bullish move before the next high.

Bitcoin's current journey seems to mirror its past, showing a remarkable pattern of growth and recovery. Experts in the field view historical bull runs as indicating an upward bullish trend for BTC.

As the market awaits the introduction of the Bitcoin ETF, it stands at a critical juncture that could shape investment strategies and strengthen Bitcoin's popularity in the financial system. This scenario is a combination of historical trends, regulatory developments, and market volatility, all of which point to a sustained period of bullishness for Bitcoin.

Two years of fuel backed by the Spot Bitcoin ETF

Bitcoin's price action appears to be parallel to previous market cycles. According to Ali Martinez, global head of news at BeenCrypto, BTC may be reflecting the bull run seen between 2015 and 2018, as well as the one from 2018 to 2022.

Analyzing the duration and gains of past bull cycles, Martinez predicts the next peak in October 2025. For example, the bull run from 2015 to 2018 saw Bitcoin rise from under $200 to over $20,000. Meanwhile, the cycle from 2018 to 2022 pushed the price of BTC from $3,100 to $69,000.

“Bitcoin history may be repeating itself…that means BTC still has a 700-day bullish move ahead,” Martinez said.

The approval of the spot Bitcoin ETF (exchange traded fund) could be one of the main drivers behind the next bull market. Still, Dan Morehead, managing partner of Pantera Capital, believes the Wall Street mantra, “buy the rumor, sell the news,” signals investor fatigue when the news breaks.

This pattern has been seen in major regulatory announcements such as the launch of CME Bitcoin Futures and Coinbase's public listing, indicating the onset of significant bear markets immediately following the events.

The markets have rallied 2,448% for the day [CME Bitcoin Futures] Listed. It was the top. A -84% bear market started that day. In the official listing of Coinbase, the markets repeated the exact same cycle… The Bitcoin market was 848% coming into the listing day. Bitcoin had topped $64,863 on the day and a -76% bear market had begun,” Morehead explained.

Nevertheless, ETFs are expected to improve access to Bitcoin. Bitcoin mining has evolved from the early “Bitcoin faucets” to trading on platforms like Kraken and Coinbase. However, many current exchanges are offshore and opaque, limiting institutional participation.

Read more: How to prepare for a Bitcoin ETF: A step-by-step approach

Unlike futures markets, if they show some impact, Bitcoin ETFs are expected to open up significant new pools of investors.

While it's often not a good idea to start with a prediction that says, “This time is different…”, I believe here… Having an ETF is a very important step to becoming an asset class. Once there's an ETF, if you don't have exposure, you're effectively short,” Morehead added.

High BTC price prediction for the next cycle

The BlackRock spot Bitcoin ETF, in particular, is believed to be a game-changer. Analysts They associate it with the inception of gold ETFs in the early 2000s.

Just as gold ETFs brought in new investors and legal gold as an investment, Bitcoin ETFs are predicted to change BTC's demand function and further validate it as an asset class.

“Some say Bitcoin ETFs steal interest from traditional retail spaces. i don't think so. Consider demand for gold bars/coins before and after gold ETFs. [In] In 2003 [demand was] 293 tons. [In] 2022 [demand surpassed] 1,107 tons. ETFs legitimized gold as an investment and demand for physical gold continued to grow.” Matt Hougan, CIO at Bitwise, said.

Bitcoin's inherent cyclicality, driven by its transparent supply and distribution rules, supports this bullish view. Satoshi Nakamoto designed Bitcoin to have a predictable four-year cycle, influencing price movements.

Morehead agrees with Martinez's prediction, stressing that if past trends continue, Bitcoin's current rally could extend into October or November 2025.

Read More: Analyst Explains How Bitcoin Half Cycles Can Turn $5 Into $130,000

Meanwhile, the broader economic and regulatory environment also plays a role. The recent legal victories for Ripple and the speedy legal process of Sam Bankman-Fried and Binance reflect the growing regulatory transparency and maturity in crypto.

Historical patterns, upcoming approvals of Bitcoin ETFs, and a broader regulatory environment indicate that Bitcoin may indeed continue its bullish momentum over the next 700 days, consolidating its position in the financial system.