T^

Labs

Bitcoin’s four-year cycle, derived from its whole price history.

Model run 5m ago
Bitcoin
$84,137

-32.5% from the cycle top

Cycle position
43%

Through cycle 4

Next halving
565 days

2028-04-13, reward 1.5625

Since the top
355 days

Top 2025-10-06 at $126,272

Trend at end
$1,446,763

26.8% a year

No reversion
$860,187

21.4% a year

Blend
$1,115,566

24.0% a year

Horizon
12 years

To 2038-09-26

Twelve-year outlook

A decaying trend applied forward from today. A projection, not a forecast, and it says nothing about any month in particular.

0.0000310.7k621.3k932.0k1,242.6k
Sep 2026Sep 2032Sep 2038

Milestones

Where the decaying trend lands, year by year.

YearTrendMarket cap
2027 $185,467 $3.7tn
2029 $301,206 $6.1tn
2031 $459,213 $9.2tn
2033 $666,506 $13.4tn
2035 $929,456 $18.7tn
2037 $1,256,629 $25.2tn
2038 $1,446,763 $29.1tn

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