Bitcoin’s last all-time high was $69,000 in November 2021; as of September 2023, it’s been 22 months since that peak. While estimating what price Bitcoin could reach next can be very useful, it’s also important to estimate when a new peak could occur. History suggests this may still be some time away, as analysis shows that the next Bitcoin peak could arise around the end of 2025. Previous Cycles A specific pattern seems to occur when looking at previous tops and bottoms. The three previous bottoms, January 2015, December 2018, and November 2022, were all exactly 47 months apart. Similarly, the previous three tops, November 2013, December 2017, and November 2021, are either 49 or 47 months apart. Market participants could anticipate the next Bitcoin peak around October-December 2025 if this pattern persists. The subsequent bottom could then occur around October 2026. Source BTCUSD on TradingView.com This phenomenon of tops and bottoms forming cyclically is a widely held belief in investing. Both stock markets and economies are believed to experience periods of expansion, marked by increased economic activity and rising stock market prices, and contraction, during which the st ..
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