Bitcoin Still has Room to Run - Here's One Reason WhyWhen we zoom out and look at Bitcoin on a logarithmic scale, a clear pattern emerges.
In this chart, I’ve marked each cycle top with a vertical blue line. These peaks are almost perfectly spaced — roughly four years apart, aligning with Bitcoin’s halving cycles. From 2013 to 2017 to 2021, and now projecting into the next expected top near late 2025 or early 2026, this cyclical rhythm has held remarkably steady.
But it’s not just time — it’s structure.
Overlayed on the chart is a standard deviation framework, with the center line acting as a mean reversion anchor. Every major cycle has seen Bitcoin reach the second standard deviation above the mean before topping out.
Where are we now?
Still below the halfway mark.
As of today, Bitcoin hasn’t even reached the +1 standard deviation level. Historically, price accelerates toward the upper bounds of this channel as the cycle matures — and we haven’t seen that blow-off phase yet.
In other words:
Bitcoin still has room to grow.
We’re not late — we’re mid-cycle.
Let the headlines panic. The structure is calm.
And the structure says: higher.
