A widely shared cycle model has reopened the debate over whether Bitcoin’s recent rally has already peaked.
According to posts on social platforms, the chart lines up past market cycles and points to a possible top on December 22, 2025, while price action near $117,000 this week keeps both cautious and bullish cases alive.
Cycle Model Points To December Peak
Based on reports, the chart tracks previous peaks occurring over 30 months after prior market lows, then extends that pattern to a 37-month span from the November 2022 bottom.
The projection places a modeled top on December 22, 2025, and the same curve gives a mid-cycle price target near $200,000.
Those time-based markers have drawn attention because they fit a clear pattern: each cycle so far has been longer than the one before