The chart below shows the price of bitcoin in blue with its halving dates, along with the total crypto market cap in red:It’s been 287 days since the fourth bitcoin halving. That’s at right about the midpoint of the length of time of the past two cycles.And while the biggest money has already been made from those who were buying during the bear market, the profit potential ahead is still substantial.I think we’ll see a $200,000 bitcoin in 2025, and that it will remain dominant throughout the year.