Bitcoin Bull Run Could Last Until 2027, But is it Realistic?

Overview

• Bitcoin trades at $111,873 with predictions ranging from $150K to $200K in the near term.

• Institutional adoption and government reserves are fueling the cryptocurrency rally.

• Analysts remain divided on whether the bull run can truly extend into 2027.

Bitcoin has had a strong year so far in 2025. After reaching a record high of about $124,495 in August, it pulled back and is now trading at around $111,873. Even with this correction, the cryptocurrency has gained over 20% since the beginning of the year. The recent weeks have shown Bitcoin moving sideways between support levels near $112,000 and resistance around $123,000 to $125,000.

Technical indicators point to a market that is waiting for its next big move. The Relative Strength Index is close to 47, suggesting neither overbought nor oversold conditions. Whereas the MACD has been signaling weakness, and the Bollinger Bands are tightening, which usually points to a possible breakout once trading volumes increase.

Despite this pause, on-chain data shows strength. Around 92% of Bitcoin holders have stayed in profit, and institutions have been actively buying. In July, exchange-traded products added around 54,000 BTC, while corporate treasury buyers added roughly 72,000 BTC. This institutional demand has helped support Bitcoin at high levels even during the recent pullback.

Bitcoin Price Prediction: Analysts Suggest a Longer Bull Run

One of the most striking claims in recent weeks has come from Bernstein, a global research firm. As reported by CoinMarketCap, the analysts at Bernstein suggest that the current bull run could last until 2027, breaking away from the traditional four-year cycle tied to Bitcoin’s halving events. They expect Bitcoin to trade between $150,000 and $200,000 within the next year.

Bernstein also believes that the rally will not only benefit Bitcoin but will also lift the broader crypto market. Assets like Ethereum, Solana, and DeFi tokens are expected to grow in value. Publicly listed companies with heavy crypto exposure, such as Robinhood and Coinbase, may also benefit as trading volumes and adoption expand.

The argument for a longer cycle depends on rising institutional participation, easing interest rates in major economies, and a steady increase in acceptance of Bitcoin as a financial asset. According to this view, the old four-year boom-and-bust cycle is evolving into a longer and more gradual expansion.

Voices of Caution

Not everyone is convinced by the idea of a bull run stretching into 2027. Market experts like Martin Leinweber from MarketVector Indexes caution that such predictions may be too optimistic. He sees a more realistic peak of $140,000 to $150,000 by the end of 2025, after which the market could cool down.

Skeptics point out that Bitcoin cycles have always been influenced by halvings, which reduce supply growth every four years. Although macroeconomic factors such as interest rates and liquidity are now more influential, Bitcoin’s historical ups and downs cannot be ignored. Critics also point out the risks around over-exuberance, speculative structures such as Bitcoin treasury companies, and the possibility of unexpected regulatory or geopolitical shocks.

Even so, some observers argue that while the cycle might not extend to 2027, the next major downturn is also not around the corner. Former White House adviser Bailey, for example, has publicly said that a bear market is unlikely to appear for several years due to increasing institutional adoption.

Also Read: Bitcoin Price Faces Heavy Obstacles on Its Recovery Journey

The Role of Governments and Institutions

A major difference between this cycle and previous ones is the role of governments and large institutions. In March 2025, the United States created a Strategic Bitcoin Reserve, putting Bitcoin alongside traditional reserve assets. Soon after, Texas also set up its own state-level Bitcoin reserve fund. These moves show that Bitcoin is not just a speculative asset but is starting to gain legitimacy in policy and financial circles.

Institutional buying through exchange-traded funds, company treasuries, and pension funds has also brought a level of demand that was absent in earlier cycles. This demand helps provide price stability and strengthens the argument that Bitcoin’s current cycle might behave differently from the past.

Forecasts for the Coming Years

Different forecasting models suggest different Bitcoin prices. Some platforms expect the average price in 2026 to be around $199,000, with possible highs of about $229,500. Other analysts believe the bullish trend could last at least until early 2026, with the overall crypto market value reaching between $8 trillion and $14 trillion.

More conservative models suggest slower growth, with Bitcoin reaching about $123,000 by 2027. There are also extremely bullish voices, including Eric Trump, who recently predicted that Bitcoin could hit $175,000 by the end of 2025 and eventually reach $1 million. However, such forecasts are highly speculative and should be taken with caution.

Could the Bull Run Really Last Until 2027?

The idea of a bull market lasting till 2027 is possible but uncertain. On the plus side, Bitcoin’s cycles have always been flexible, with every run not following the same pattern. Strong institutional participation, favorable macroeconomic conditions, and government backing through reserves suggest extended growth. The broader growth of the crypto ecosystem, including Ethereum, Solana, and DeFi, could also push the market higher.

On the negative side, Bitcoin has never had a cycle that stretched this long without a major correction. Overvaluation risks increase as the price climbs, and speculative excesses can trigger sudden sell-offs. Market sentiment is still a powerful driver, and history shows that enthusiasm can quickly turn to fear. The possibility of new regulations or global crises also cannot be ruled out.

Also Read: Bitcoin vs. Altcoins: Key Lessons from the Latest Crypto Crash

Final Thought

Bitcoin’s current price of $111,873 shows that the market is holding strong despite recent corrections. Optimists believe the bull market could extend all the way to 2027, with Bitcoin hitting $150,000 to $200,000 in the near term. More cautious analysts expect peaks of $140,000 to $150,000 by the end of 2025, with growth flattening afterward.

Whether or not the bull run lasts until 2027, one thing is clear: Bitcoin is not just a fringe asset. Government reserves, institutional buying, and mainstream acceptance are reshaping the market in ways that make this cycle different from the past. The coming years will reveal whether this transformation can truly support the ambitious forecasts or whether history will repeat itself with a sharp correction.