Cryptocurrency analyst Cyclop provided insight into when Bitcoin price could reach a new all-time high (ATH) above $120,000. This came as the analyst hinted at historical data indicating that BTC may be hitting bottom This bear cycle By the last quarter of this year.
The analyst reveals when Bitcoin price will reach a new ATH based on historical data
in Share XCyclop alluded to historical BTC cycles to show when the price of Bitcoin will reach a new all-time high. He noted that between 2015 and 2017, Bitcoin enjoyed a 1,065-day high, while between 2017 and 2018, it took 365 days for Bitcoin to bottom. Bear market. Likewise, Bitcoin enjoyed another 1,065-day bull run between 2018 and 2021 before entering a 365-day bear market.
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Moreover, between 2022 and 2025, the price of Bitcoin has undergone another trial Running bull It lasted for 1,065 days, with BTC rising to 126,000 ATH. The leading cryptocurrency then peaked in October 2025 and has been in a bear market ever since. Based on this historical data, Bitcoin may be on track to be in this bear market until October 5, which will complete a 365-day cycle.
The analyst’s accompanying chart showed that Bitcoin’s price could rise to between $140,000 and $150,000 in the next bull run before the leading cryptocurrency reaches a 2030 peak and enters another bear market. At the same time, this historical data suggests that Bitcoin has not hit the bottom, though BTC’s recent rise More than $80,000. Bitcoin has once again entered a downtrend amid inflation fears and concerns that a US-Iran war could start soon following stalled peace talks.
The highest local BTC exists
Cryptographic analyzer Colin stated The local top has been reached for the Bitcoin price, and Bitcoin is now eyeing new lows. He noted that the current price action is bearish as the leading cryptocurrency rejected the upper channel of the trend line, which is 200-moving averageand the lower side of the trend line. This downside has been respected as resistance and support many times, but has now broken out to the downside.
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In another Share XColin echoed Cyclops’ sentiments, noting that on a purely temporal basis, it is highly unlikely that Bitcoin will be borrowed after just four months, since the price of Bitcoin reached its highest level last October. The analyst had stated this earlier BTC could hit the bottom Around $40,000 based on historical data, the lowest decline that crypto assets have ever suffered in a bear market is 77%. Meanwhile, Bitcoin saw a decline of just 53% to a February 2026 low of $60,000.
At the time of writing, Bitcoin is trading at around $76,600, down over the past 24 hours, according to Data From Coin Market Cap.
Featured image from Getty Images, chart from Tradingview.com
