Bitcoin Seen Ending Bear Market Cycle, Reaching New Highs
Bitcoin's four-year bear market cycle is nearing its end, according to ZX Squared Capital's CK Zheng. The cryptocurrency has been on a rebound since June 2026, when its bottom was mostly reached.
Despite dipping 0.8% to $83,904 in recent trading, Bitcoin has shown resilience and may continue to push higher. In fact, Zheng believes the asset could reach a new all-time high of $150,000 by the end of 2027.
This optimism is based on historical trends, as Bitcoin typically performs strongly during the first year of its cycle. With this in mind, investors are looking forward to potential gains in 2027.