Bitcoin Predictions: Is The Bull Run Over? This Chart Says Yes

Core Viewpoint - Bitcoin predictions are currently divided, with some analysts believing in the traditional four-year cycles of boom and bust, while others suggest that bull runs are extending and a bear market is not imminent [1][2] Historical Patterns - Bitcoin has shown consistent behavior in past cycles, taking approximately 1,000 days to rise from the lowest price to a new all-time high, with previous highs being $19,834 in 2017 and $69,000 in 2021 [1] - Following these peaks, Bitcoin experienced severe bear markets, losing around 80% of its value, with the most recent cycle seeing a high of $126,198.07 on October 6, 2025, raising concerns about a potential repeat of past downturns [2][3] Market Dynamics - The latest cycle's dynamics differ due to the introduction of Bitcoin ETFs, which have attracted significant institutional investment, potentially reducing Bitcoin's volatility compared to previous cycles [7] - Despite the historical patterns suggesting a significant drawdown could occur, some market watchers believe that the next bear market may not be as severe as those experienced in the past [6][7]