T^ Thistle T^

Labs

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

Model run 0s ago
Bitcoin
$85,813

-31.2% from the cycle top

Cycle position
44%

Through cycle 4

Next halving
555 days

2028-04-12, reward 1.5625

Since the top
364 days

Top 2025-10-06 at $126,272

Trend at end
$1,454,413

26.6% a year

No reversion
$876,835

21.4% a year

Blend
$1,129,283

24.0% a year

Horizon
12 years

To 2038-10-05

Twelve-year outlook

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

0.0000311.2k622.3k933.5k1,244.7k
Oct 2026Oct 2032Oct 2038

Milestones

Where the decaying trend lands, year by year.

YearTrendMarket cap
2027 $186,536 $3.7tn
2029 $302,901 $6.1tn
2031 $461,748 $9.3tn
2033 $670,128 $13.5tn
2035 $934,442 $18.8tn
2037 $1,263,302 $25.4tn
2038 $1,454,413 $29.2tn

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