Crypto analyst TechDev believes Bitcoin’s current rally may have much more room to run—potentially extending another 12 to 14 months.
Unlike many who base their outlook on Bitcoin’s halving cycles, TechDev argues the asset’s price action aligns more closely with broader economic trends.
According to the analyst, Bitcoin tends to go parabolic when the global business cycle begins to rebound—often marked by a bottom in the copper-to-gold ratio, a metric that reflects market risk appetite. In past cycles, these inflection points have preceded major Bitcoin tops by roughly 14 months.
“Bitcoin has a cycle,” TechDev said on X. “Just not the one most people follow.”
The analyst currently sees Bitcoin forming strong bullish continuation patterns on its two-day and two-week charts. He believes BTC is on track to reach $170,000 in the near to mid term, with a long-term projection of $380,000, driven by breakouts from large cup-and-handle structures—typically seen as a sign of sustained uptrends.
In TechDev’s view, the real bull run began at the last economic inflection point—and if history repeats, the top may still be a year away.
Editorial Team
Reporter at Coindoo
Source: https://coindoo.com/market/here-is-why-bitcoins-bull-run-could-last-another-year/