**Bitcoin’s Potential to Exceed $250,000 After 2024 Halving: A Bright Future for Altcoins in 2025**
Bitcoin may be on the verge of a significant surge, potentially surpassing $250,000 following the 2024 halving, a trend that aligns with historical patterns where prices typically peak 12 to 18 months after such events. In 2025, altcoins could take the spotlight, with cryptocurrencies like Ethereum, Solana, and even popular memecoins such as PEPE often outperforming Bitcoin in the aftermath of halvings. Michaël van de Poppe has ignited excitement in the market by suggesting that we are still in the early stages of the current cycle, with Bitcoin likely to reach between $200,000 and $250,000, while altcoins are set to shine brighter than Bitcoin over the next year. His insights, shared on social media platform X, draw from historical trends following Bitcoin’s quadrennial “halving” events, which cut new supply and have historically led to significant price increases.
“I don’t think that the cycle is over. I think it barely started; even the hype around #Bitcoin wasn’t anywhere near euphoria. I truly believe we’ll see Bitcoin above $200-250K this cycle. I also foresee a year where the entire ecosystem outperforms Bitcoin,” he stated on February 27, 2025.
As of February 28, 2025, Bitcoin is trading at $83,345, reflecting a nearly 25% drop from its all-time high of $109,114.88 in January 2025. This correction is consistent with the typical volatility seen after halvings, according to data from ETHNews. The April 2024 halving—Bitcoin’s fourth since 2012—halved mining rewards, a strategy aimed at enhancing scarcity. Historically, such halvings have sparked bull markets; for instance, after the 2012 halving, Bitcoin skyrocketed from $10 to over $1,000 within a year. Similar surges followed the 2016 and 2020 halvings, with peaks occurring 12 to 18 months later.
Van de Poppe maintains that the current cycle is progressing as expected, highlighting that corrections of 20% to 30% are common before reaching final peaks. “The enthusiasm for Bitcoin hasn’t peaked yet,” he remarked, pointing to the 10 months since the 2024 halving as evidence that the market is still within the historical timeframe for upward movement.
“#Bitcoin has reached a sweet spot for entries. If we can regain levels above $88-89K, I believe this week will show a deep wick, leading to a fantastic month in March. Utility coins are set to outperform,” he added.
He also predicts an upcoming “altcoin season,” a phase where smaller cryptocurrencies outpace Bitcoin’s growth. This trend was evident in 2017 (after the 2016 halving) and 2021 (after the 2020 halving), with tokens like Ethereum, Cardano, and Solana achieving remarkable returns. Van de Poppe suggests that memecoins like PEPE and FLOKI, which saw gains in late 2024, could indicate the early stages of this exciting phase.
However, some analysts, as reported by Forbes, caution that institutional investments and persistently high interest rates could disrupt these historical trends. They argue that the January 2025 peak might reflect an accelerated cycle driven by macroeconomic factors rather than the organic growth typically associated with halvings. Despite these concerns, Van de Poppe remains optimistic about the future of Bitcoin and the broader cryptocurrency market.
