Bitcoin has always moved in cycles, with each halving usually followed by a bull run and a new all-time high. After the April 2024 halving, supply is tighter, while institutional adoption through ETFs is bringing in billions of dollars. Add global inflation and rising mainstream adoption, and many believe 2025 could be Bitcoin’s year to cross $100,000. Still, regulation, volatility, and competition from altcoins remain big risks. The question is—will history repeat itself, or will this cycle be different?