Bitcoin appears to have broken the traditional four-year cycle pattern. According to recent analysis, this bull market may extend longer than expected, with a potential peak around $200,000 in 2027. On December 8, Wall Street firm Bernstein stated in its latest report that Bitcoin is no longer strictly following the four-year cycle of major peaks. Instead, it has entered an extended bull market phase. The report highlights that strong and persistent institutional buying is compensating for panic selling from retail investors. Despite Bitcoin experiencing a ~30% correction, ETF-related outflows remain below 5%, indicating continued confidence from large investors. Based on these observations, Bernstein has raised its end-2026 Bitcoin price target to $150,000 and expects this market cycle to potentially peak near $200,000 in 2027. Their long-term price outlook (2033) for Bitcoin remains at approximately $1,000,000. Meanwhile, on the same day, Chinese crypto analyst Ban Muxia commented that this week’s Federal Reserve rate cut and balance sheet expansion will help restore liquidity to normal levels. As a result, markets are expected to see a broad-based rally, including U.S. equities, cryptocurrencies, and precious metals, possibly lasting throughout this week and even into the coming month. Ban Muxia also referenced an earlier article from November 11, noting that starting in December, the Fed may halt quantitative tightening and begin expanding its balance sheet. This shift would mirror liquidity conditions seen in October 2019. He further suggested that a larger wave of liquidity could follow once political control over the Fed changes next year, drawing comparisons to the liquidity surge of March 2020. 📈 Overall Outlook: Improving liquidity conditions combined with strong institutional demand suggest that Bitcoin and broader risk assets may be entering a renewed bullish phase.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#BitcoinMarketOutlook
Bitcoin appears to have broken the traditional four-year cycle pattern. According to recent analysis, this bull market may extend longer than expected, with a potential peak around $200,000 in 2027.
On December 8, Wall Street firm Bernstein stated in its latest report that Bitcoin is no longer strictly following the four-year cycle of major peaks. Instead, it has entered an extended bull market phase. The report highlights that strong and persistent institutional buying is compensating for panic selling from retail investors.
Despite Bitcoin experiencing a ~30% correction, ETF-related outflows remain below 5%, indicating continued confidence from large investors. Based on these observations, Bernstein has raised its end-2026 Bitcoin price target to $150,000 and expects this market cycle to potentially peak near $200,000 in 2027. Their long-term price outlook (2033) for Bitcoin remains at approximately $1,000,000.
Meanwhile, on the same day, Chinese crypto analyst Ban Muxia commented that this week’s Federal Reserve rate cut and balance sheet expansion will help restore liquidity to normal levels. As a result, markets are expected to see a broad-based rally, including U.S. equities, cryptocurrencies, and precious metals, possibly lasting throughout this week and even into the coming month.
Ban Muxia also referenced an earlier article from November 11, noting that starting in December, the Fed may halt quantitative tightening and begin expanding its balance sheet. This shift would mirror liquidity conditions seen in October 2019. He further suggested that a larger wave of liquidity could follow once political control over the Fed changes next year, drawing comparisons to the liquidity surge of March 2020.
📈 Overall Outlook:
Improving liquidity conditions combined with strong institutional demand suggest that Bitcoin and broader risk assets may be entering a renewed bullish phase.