Analyst Uses Bitcoin Cycle History To Argue Next All-Time High May Take Years After 2025 Peak At $126,100

On October 6, 2025, Bitcoin set its current all-time high at $126,100 before entering a corrective phase that analyst Darkfost says has lasted 159 days so far. Reviewing past cycles, the analyst notes it took 1,180 days after the 2017 peak and 1,093 days before the 2021 high, while the latest 2025 ATH followed after 849 days, implying the next record could still be years away even as the intervals gradually shorten. Darkfost also argues that new highs have historically been linked more to the end of bear markets than to Bitcoin’s halving events, despite the structural importance of halvings for supply and inflation dynamics.