- Alliance Bernstein says crypto bull market could run through 2027.
- BTC price could go as far as $150,000 and $200,000 ATH prices by then.
- Analysts debate over the 4-year bull cycle blueprint.
Alliance Bernstein says crypto bull market could run through 2027, with BTC between $150,000 and $200,000. The global investment firm, like a few other reputed crypto analysts, believes that this ongoing bull cycle will go on for a lot longer than traditionally expected. So far, every crypto bull cycle has lasted a proper 4 years, but some analysts are expecting this pattern to no longer be in play.
Bernstein Says Crypto Bull Market Could Run Through 2027
The crypto bull market has always worked in a 4-year cycle pattern . These 4 years include a bearish phase, an accumulation phase, and a bull phase, and the last phase consists of the altseason phase as well. Since Bitcoin’s debut and the rise of the crypto market, the 4-year bull cycle has always been a reliable blueprint for traders to make their accumulation, buy, and sell decisions and make significant gains.
After all, this 4-year bull cycle blueprint acted as a clear chart hinting at when the market would pump and dump, allowing analysts to buy and sell promising assets accordingly and make significant gains. A few recurring patterns in the bull cycle include the Bitcoin Halving season, which triggers Bitcoin’s bullish price pump, and the Q1 following this event is often when the altseason peak phase begins.
The fact that some events had been missed this bull cycle raised concerns among seasoned analysts who noticed the pattern changing. For instance, this bull cycle saw BTC making a new ATH price before the Bitcoin Halving event occurred. Furthermore, Q1 following the Bitcoin Halving event did not usher in the altseason peak phase, marking another pattern that was broken this bull cycle.
With these observations being made, several financial experts, entities, and analysts have come to the conclusion that the 4-year bull cycle may have gone obsolete . Some think that the bull cycle has been extended this cycle due to its slow start. Still others believe that the crypto market is changing into the traditional stock cycles, where there will be yearly pumps and short bear months.
According to the post above, Alliance Bernstein says that the crypto bull market could run through 2027, meaning that there is more than a year and a half left in the ongoing bull cycle. Furthermore, the entity believes that this extended bull run will bring the price of Bitcoin (BTC) to an ATH price range between $150,000 and $200,000, while altcoins like ETH and SOL drive the next phase. As the post above says, the Bitcoin weekly RSI has been making lower highs, signaling higher highs in the long run.