Veteran market analyst Peter Brandt believes there’s a real possibility that Bitcoin has already hit its peak for the current bull run.
His remarks come as BTC slid below $117,500, raising concerns that the market may be entering a cooling phase sooner than expected.
Brandt put the odds at around 30% that the top is behind us. If that’s the case, he projects a drawn-out retracement that could pull Bitcoin back into the $60,000–$70,000 range by late 2026.
From there, he expects a powerful rebound in the next cycle, potentially sending prices as high as $500,000 — further solidifying his view that Bitcoin, not gold, is the ultimate store of value.
His comments were prompted by a cycle analysis from “Colin Talks Crypto,” which outlines how each major Bitcoin bull market has lasted longer than the previous one, typically extending by about four months.
According to that model, the current cycle began after the November 2022 bottom and could stretch to 37 months, suggesting a possible top in late December 2025 with a target near $200,000.
Historical data shows past peaks arriving 24, 28, and 33 months after prior cycle lows. The lengthening pattern, if it holds, would put this market’s high well into Q4 2025. However, with BTC trading far below the projected target, uncertainty remains over whether the peak lies ahead or is already in the rearview mirror.
Both Brandt and Colin agree on one thing — regardless of where the exact top lands, Bitcoin’s path forward will be defined by steep swings, making timing the market as challenging as ever.
The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/bitcoins-cycle-top-may-already-be-in-warns-veteran-trader/