If Bitcoin continues to follow its remarkably consistent cyclical pattern, the next major investable low could form around September–October 2026, potentially retesting—or holding above—the February 2026 bottom. From there, legendary trader and chart analyst Peter Brandt suggests the next cycle peak could land between $300,000 and $500,000 in 2029.
The Case For $500,000
In a recent post on X, Peter Brandt noted that Bitcoin has followed some of the most consistent and striking cyclical patterns of any market over the past 15 years. This reinforces the largest crypto’s reputation as a rhythm-driven asset shaped by repeating phases of accumulation and expansion.
If these historical patterns continue to hold, the classical chartist points to an “investable low” forming around September or October 2026, which may or may not penetrate the February 2026 low of around $60,000.
After that base forms, Brandt envisions Bitcoin’s next major cycle top could emerge in the $300,000- $500,000 zone, likely around September–October 2029.
The $80,000 Barrier That Could Unlock Bitcoin’s Next Surge
Bitcoin was trading at around $77,669 at press time after a failed breakout attempt near $80,000 earlier this week.
 
Other traders anticipate an extended struggle for market control, with historical patterns suggesting Bitcoin’s bear market may still have significant time left before it fully runs its course.
“$BTC Has been in an uptrend during April. But it is coming up to some important high timeframe levels. Especially above the $80K area is where the bulls would need to push through to turn this around on the high timeframe,” trader Daan Crypto Trades observed in an April 23 X post.
“On the downside, the immediate supports are that ~$72K region and $65K below that.”
Meanwhile, Michael Saylor boldly proclaimed the end of crypto winter on X, posting a Game of Thrones-style image as his publicly traded firm—Strategy—continues aggressively stacking Bitcoin, now holding 815,061 BTC.
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