Bitcoin Analyst Predicts Two More Bull Runs with $330,000 Peak by 2033

Crypto analyst Jesse Olson has laid out an ambitious roadmap for Bitcoin's price over the next decade, predicting two more bull runs and a peak of $330,000 by 2033.

The Tenjo model, developed by Olson, is based on the idea that each cycle delivers smaller percentage gains than the previous one. According to this model, Bitcoin would bottom out between $40,000 and $45,000 in 2026, then recover into a major bull run that peaks at $215,000 to $230,000 in 2029.

The roadmap also includes a pullback down to $80,000, $85,000 in 2030, followed by one final major cycle in 2033. The BTC price would hit $315,000 to $330,000 in 2033, and then another bear market low around $125,000 to $130,000 in 2034.

Olson estimates that buying near the projected 2026 bottom and holding until the projected 2034 bottom could still average roughly 25% annual returns. However, he also warns investors against assuming the Bitcoin price automatically reaches $1 million simply because that prediction appears every cycle.