Peter Brandt not too long ago cosigned a brand new Bitcoin (BTC) cycle chart that, in his opinion, exhibits the most probably eventualities as to the place BTC could possibly be headed subsequent. The chart strains up all 4 main Bitcoin cycles since 2011, marking the time from bear market lows to peaks and from halving occasions to peaks. The primary three cycles peaked 24, 28 and 33 months after their lows, and the present one is now about 29 months in from the 2022 low.
From the April 2024 halving, we’re 17 months in. Within the final two cycles, that’s proper round when costs reached their highs. If historical past repeats itself, the purple “peak zone” on the chart will land someplace between September and December of 2025.
Talking about doable value ranges of the height, the eye is on a mid-channel run that might land nearer to $150,000–$180,000.
Nonetheless, hitting the higher purple line, which previous cycles have sometimes touched, would imply reaching a value of about $250,000-$280,000.
The chart additionally highlights the pattern of lowering returns — every cycle beneficial properties lower than the earlier one, and peaks take longer to kind. Early cycles noticed beneficial properties of 10,000%, 2,000% and 700%, however this run from $15,500 is at about +480%, so the climb could also be smaller this time, although of smaller scale.
Backside line
Brandt’s endorsement of the chart, in fact, lends credibility to this concept, given his 50-years expertise of market projecting. If Bitcoin continues to maneuver consistent with these patterns, the subsequent 12-15 months may deliver a brand new all-time excessive, even when the proportion achieve isn’t as large as in earlier years.
The one query is whether or not new components, similar to ETF flows, rates of interest and international liquidity, will change that timeline.