Bitcoin's Bull Run: How High Will It Go?

TLDRThe current Bitcoin bull run is expected to be similar to previous cycles. Bloomberg predicts a peak price of $500k, but a more realistic estimate is around $107k to $120k. The cycle is expected to last between October and December of 2025.

Key insights

📉Bitcoin's bull markets have similar lengths and drawdowns, indicating that the current cycle will follow a similar pattern.

🚀The previous bull markets had significant percentage increases, but these have been decreasing over time. The next cycle is expected to have a smaller increase.

💰While some predict Bitcoin to reach $500k, a more realistic estimate is around $107k to $120k based on historical trends.

📅The current cycle is projected to last around 1,058 days, with the peak expected between October and December of 2025.

There are differing opinions on the peak price and timing of the current cycle. Share your thoughts in the comments!

Q&A

What is the predicted peak price for Bitcoin's current bull run?

Bloomberg predicts a peak price of $500k, but a more realistic estimate is around $107k to $120k based on historical trends.

When is the expected peak for Bitcoin in the current cycle?

The peak is projected to occur between October and December of 2025.

How long is the current bull run expected to last?

Based on historical patterns, the current cycle is projected to last around 1,058 days.

Are Bitcoin's bull markets becoming shorter?

No, the lengths of Bitcoin's bull markets have been similar across cycles.

Why are the percentage increases in Bitcoin's bull markets decreasing?

As Bitcoin's market cap increases, it becomes more challenging for the percentage increases to reach the same levels as previous cycles.

Timestamped Summary

00:11Bitcoin's bull run is showing no signs of stopping, earning it the nickname 'honey badger of money.'

01:08Bloomberg predicts a peak price of $500k for Bitcoin in the current cycle.

02:34Analyzing previous cycles, the current bull market is expected to follow a similar pattern.

04:49Based on historical trends, a more realistic estimate for the peak price is around $107k to $120k.

09:18The projected timing for the peak of the current cycle is between October and December of 2025.