Bitcoin Bull Run Could Last Until 2026 or 2027
Bitcoin’s current bull run may continue much longer than expected. Mike Alfred, founder of Alpine Fox and Iron board member, said big institutions now drive Bitcoin’s rise. This shift marks a change from everyday traders leading the market.
In a YouTube interview with Supply Shock, Alfred explained that ETFs, treasury firms, and better regulations have reshaped Bitcoin’s market. These changes create stronger and more sustainable upward momentum.
Unlike past runs, this bull market appears more stable and mature. Alfred noted that Bitcoin’s limited supply contrasts with the ongoing printing of regular money. Large investors now focus on long-term gains instead of quick profits. The market is also safer due to the exit of dubious businesses and reckless traders.
Institutional Strength and Market Evolution
Alfred highlighted that most Bitcoin purchases come from large institutions. This shift helps stabilize the market and reduce wild price swings. He said traders still act emotionally, often selling too early or buying too late, while institutions continue buying steadily.
Bitcoin treasury companies are influencing market money flows. However, Alfred is unsure if U.S. firms can replicate MicroStrategy’s strategy successfully. He believes other countries might see more innovative ways to hold Bitcoin due to friendlier regulations and tax benefits.
As more Bitcoin investment options emerge, managing funds becomes more complex for big investors. Alfred recommends holding a solid long-term Bitcoin position and balancing it with safer investments that provide steady income. This approach helps avoid emotional decisions.
Experts Question the Four-Year Bitcoin Cycle
Several experts recently challenged the idea of a four-year Bitcoin cycle. Analyst TechDev tweeted, “Never been a 4-year Bitcoin cycle. Never been the halving. Always been the business cycle.”
Lark Davis supported Arthur Hayes’ view that global liquidity, not halvings, drives Bitcoin rallies. Hayes said, “The 4-year cycle is dead… the real top isn’t coming anytime soon.”
According to CoinMarketCap, Bitcoin trades at $121,120. Its 24-hour trading volume is $75.7 billion, down 0.59% today.
With more institutional buyers and growing market liquidity, this bull run could last until 2027 or beyond.