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Interesting what’s been circulating these days. Adam Back, the CEO of Blockstream, has made an intriguing prediction about Bitcoin cycles that deserves attention.
According to his analysis, the current bullish cycle started in April 2024 and could end around March 2028, based on historical patterns that have repeated over time. Looking back, the previous cycle began in May 2020 and reached a peak of $73,700 in March 2024.
Here’s where it gets interesting: Adam Back believes that the peak of this cycle could occur between the last quarter of 2027 and the first quarter of 2028. But there’s a detail many forget — some analysts still reference the November 2021 high of $69,000 as a benchmark.
What struck me is when Back clarified: he doesn’t see the bull market ending in November 2025, just three months after it begins. Essentially, he’s saying that temporary corrections are normal, but we should expect new all-time highs before the cycle concludes.
Currently, Bitcoin is at $78,200, and the all-time high reached was $126,080. Considering what Adam Back is suggesting, it seems there’s still room for significant developments in the coming months.
Of course, these are cycle and historical pattern assessments, not certainties. The market remains unpredictable, but it’s always useful to listen to perspectives from figures like Back who have a long-term vision.