Bitcoin Long Term Analysis & Price Prediction

Since 2013, Bitcoin has followed a clear trend of setting tops the year after the most recent halving event. It has also been moving in a very clear trend channel in that time.

Bitcoin has yet to experience a real prolonged bear market. My prediction is predicated on us not having a recession until 2026. If we do, the market is probably going to top much sooner and lower than this chart.

If we have a recession in 2026, I expect the price of Bitcoin to break the current trend channel and head into a lower one as per the chart.

If on the other hand we have a true soft landing, I expect Bitcoin to stay in the current trend channel and head for another post halving year top in 2029.