How long can Bitcoin continue to rise? Analysts reveal the time when the bull market will peak, which may coincide with a US recession

Copper analysts said that if historical trends are any guide, the Bitcoin bull market may peak in May next year, about 200 days from now. Despite the lingering shadow of the US recession, analysts pointed out that technical indicators such as the relative strength index (RSI) show that Bitcoin still has "substantial room for growth" in the coming months.

In the latest report, the Copper.co research team conducted an in-depth analysis of the market value growth trajectory of Bitcoin in previous bull and bear cycles, and found that Bitcoin's market cycle lasts an average of about 756 days, starting with "market value growth turning positive" and ending with "price peaking."

Fadi Aboualfa, head of research at Copper.co, said that this cycle of Bitcoin started in mid-2023 and has been going on for 554 days. Based on this calculation, Bitcoin's "peak moment" will fall in 200 days, which is around mid-2025.

Bitcoin's "peak moment" may coincide with a U.S. recession

Copper.co's report also mentioned that "Bitcoin peaking" and "US recession" may occur at the same time. Analysts quoted a report from JPMorgan Chase, pointing out that the probability of the United States entering a recession in the second half of 2025 is as high as 45%, which coincides with the time when analysts expect Bitcoin prices to reach their peak.

The report added that while Bitcoin has shown a degree of resilience during economic downturns in the past, concerns about a recession could still affect investor sentiment and, in turn, have an impact on the cryptocurrency market.

Technical indicators show that Bitcoin still has room to rise

Even though there may be an economic recession in 2025, Copper.co analysts are still optimistic about Bitcoin's growth potential. They pointed out that technical indicators such as the relative strength index (RSI) show that Bitcoin still has room to rise further.

The report pointed out that the current RSI of Bitcoin is only 60, which is far lower than the highs of the past bull market, indicating that Bitcoin is expected to continue to rise in the new year.