#比特币行情观察 Bitcoin has broken the 4-year cycle pattern, and this bull market may reach a peak of $200,000 in 2027. This week’s Fed rate cut will normalize liquidity, and the market is expected to see a broad rally this week or even this month.

On December 8, Wall Street firm Bernstein pointed out in its latest analysis report: “Given the recent market correction, we believe Bitcoin’s cycle has broken the four-year pattern (i.e., a peak every four years), and is now entering an extended bull market cycle. Stickier institutional buying is offsetting any panic selling from retail investors. Although Bitcoin has pulled back by about 30%, we’ve observed that outflows via ETFs are less than 5%. Based on this, we are adjusting our end-2026 Bitcoin price target to $150,000, and expect the peak of this cycle to potentially reach $200,000 in 2027. Our long-term (to 2033) price target expectation for Bitcoin remains at around $1,000,000.”
Meanwhile, on December 8, Chinese crypto analyst Ban Muxia stated, “This week, the Fed’s rate cut and balance sheet expansion will return tight liquidity to normal. This will be a week of broad rallies (U.S. stocks, crypto, precious metals, etc.), and even the coming month may see a broad-based rally.”
Ban Muxia also referenced an article published on November 11, which stated: “Starting in December, the Fed will stop quantitative tightening and may start expanding its balance sheet. At that point, liquidity will return to normal, similar to October 2019. The real liquidity flood will come after Trump controls the Fed next May, similar to March 2020.”