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Breaking News: Goldman Sachs Rebalances Crypto Exposure: XRP, SOL Out, ETH Down 70%, Hyperliquid In
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Breaking News: Goldman Sachs Rebalances Crypto Exposure: XRP, SOL Out, ETH Down 70%, Hyperliquid In

Historical Data Shows How Many Days Are Left Until Bitcoin Price Hits New ATH Above $120,000

Scott Matherson
Scott Matherson
Last Updated: May 19, 2026 1:30 pm
3 mins read

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Crypto analyst Cyclop has provided insights into when the Bitcoin price could hit a new all-time high (ATH) above $120,000. This came as the analyst alluded to historical data indicating that BTC could bottom in this bear cycle by the last quarter of this year. 

Analyst Reveals When Bitcoin Price Will Hit New ATH Based On Historical Data

In an X post, Cyclop alluded to historical BTC cycles to show when the Bitcoin price will hit a new all-time high. He noted that between 2015 and 2017, BTC enjoyed a bull run for 1,065 days, while between 2017 and 2018, it took 365 days for BTC to bottom in the bear market. Similarly, BTC enjoyed another bull run lasting 1,065 days between 2018 and 2021 before entering a bear market that lasted 365 days. 

Related Reading

Historical Data Shows How Many Days Are Left Until Bitcoin Price Hits New ATH Above $120,000

6 hours ago

Furthermore, between 2022 and 2025, the Bitcoin price experienced another bull run lasting 1,065 days, with BTC rallying to an ATH of 126,000. The leading crypto then topped in October  2025 and has since been in a bear market. Based on this historical data, BTC may be on course to be in this bear market until October 5, which will complete the 365-day cycle. 

Bitcoin
Source: Chart from Cyclop on X

The analyst’s accompanying chart showed that the Bitcoin price could rally to between $140,000 and $150,000 in the next bull run before the leading crypto tops in 2030 and enters another bear market. Meanwhile, this historical data suggests that the Bitcoin bottom isn’t in, despite BTC’s recent rally above $80,000. Bitcoin is once again in a downtrend amid inflation concerns and fears that the U.S.-Iran war could begin soon following stalled peace talks. 

BTC Local Top Is In

Crypto analyst Colin stated that the local top is in for the Bitcoin price, with BTC now eyeing new lows. He noted how the current price action is bearish as the leading crypto rejected the upper channel of a trend line, the 200-moving average, and the underside of the trend line. This underside has been respected as both resistance and support many times, but has now broken to the downside. 

Related Reading

Analyst Says Don’t Buy Bitcoin Until This Happens

3 days ago

In another X post, Colin echoed Cyclop’s sentiments, noting that on a purely time basis, it is extremely unlikely that the BTC borrow was in just after four months, since the Bitcoin price topped last October. The analyst had previously stated that BTC could bottom around $40,000 based on historical data, as the lowest decline the crypto asset has ever suffered in a bear market is 77%. Meanwhile, Bitcoin has only seen a 53% drop to the February 2026 low of $60,000. 

At the time of writing, the Bitcoin price is trading at around $76,600, down in the last 24 hours, according to data from CoinMarketCap.

Bitcoin
BTC trading at $77,209 on the 1D chart | Source: BTCUSDT on Tradingview.com
Featured image from Getty Images, chart from Tradingview.com
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Scott Matherson
Scott Matherson

Scott Matherson

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

Read more

Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.

Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.

Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.
In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else.

Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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