Bitcoin’s recent surge to an all-time high of $124,000 in August 2025 has reignited investor optimism. Yet some analysts speculate that its peak may not mark the end of its current bull cycle; instead they believe Bitcoin’s price cycles have lengthened and could extend into 2026 or beyond.
Bitcoin price cycles have followed a predictable cycle since 2012: rapid ascents followed by significant corrections. Following each halving event (2012; 2016; 2020), prices reached their peaks 368 days later; following each of those three events came another peak 525 or 549 days post event; with 2024’s halving occurring April 19 and some analysts projecting its price to reach its maximum between October and November of that year (CryptoPotato).
However, the 2025 cycle has deviated from this pattern; Bitcoin hit an all-time pre-halving all-time high of $73,581 in March 2024 suggesting a front-loaded demand that may disrupt traditional cycle dynamics.
Analysts from CoinGecko note that, should August 2025’s peak be the cycle top, it would have taken place 68 days earlier than its 2021 high. This indicates a potential shift in market behavior for MEXC.
CryptoPotato experts also agree, suggesting the current cycle could yet have more room to run before reaching its climax. According to Cryptobirb’s analysis, bull market is entering its final stage, with potential blow-off top expected between late October and mid November 2025.
This fits with historical patterns of price increases during the final phase of bull markets.
Institutional interest continues to play an integral part in Bitcoin’s price development, according to analysts at H.C. Wainwright who have updated their year-end 2025 price target from $100,000 to $225,000 due to increased institutional adoption and favorable regulatory developments, according to reports from Investors Digest and other sources.
This optimistic outlook suggests that the current cycle may still have room to run.
Although August 2025’s peak of $124,000 is noteworthy, it may not mark the peak of Bitcoin’s current cycle. With lengthening price cycles and ongoing institutional interest, Bitcoin could continue to climb into 2026 and potentially reach new all-time highs. Investors should monitor macroeconomic factors, regulatory developments and market sentiment to assess whether its bull market remains sustainable.
