According to analysts at Bitfinex, a cryptocurrency exchange, the current bull market cycle for Bitcoin may peak in the fourth quarter of 2024. The analysts stated that historical data suggests Bitcoin typically reaches an all-time high (ATH) a few months after a halving event, leading them to predict that the market top could occur around the fourth quarter of 2024. The Bitfinex analysts forecast that in the current cycle, based on on-chain indicators and historical patterns, Bitcoin is expected to reach a peak of at least $120,000 within this cycle.