Bitcoin halving cycle history challenges $300,000–$500,000 moonshot forecasts
The post Bitcoin halving cycle history challenges $300,000–$500,000 moonshot forecasts appeared on BitcoinEthereumNews.com. Veteran trader Peter Brandt anticipates a peak between $300,000 and $500,000. Bernstein analysts Gautam Chhugani and Mahika Sapra expect prices to hit $500,000 by 2029, citing booming demand for spot exchange-traded funds (ETFs). Reality check However, while the four-year cycles have consistently produced new all-time highs, the reality of this cycle is different. As bitcoin grows, matures, and becomes more valuable, it takes significantly more capital to push it meaningfully higher. The track record of cycle highs proves it: 2013: $266 2017: nearly ~$20,000 (75x from previous high) 2021: ~$69,000 (3.5x from 2017) 2025: $126,000 (just 1.8x from 2021) What this means is that bull runs are getting steadier, with more measured gains rather than moonshots. If this trend continues, the next peak may fall well short of the anticipated $300,000 to $500,000 levels. (A ral