Bitcoin Predicted to Surge by 2026, Analysts Eye June 2025 Highs

Lark Davis, a prominent Bitcoin investor and entrepreneur, recently shared a historical chart created by an Ohio farmer over 150 years ago. This chart, which has been notably accurate in predicting market trends, suggests that 2026 will be a "year of good times," indicating an optimal period for profit-taking. The chart divides market cycles into phases of "good times," "hard times," and years of panic, with specific years marked for optimal profit-taking. This prediction has sparked discussions about whether the current market cycle will extend to 2026 and if Bitcoin will reach new all-time highs next year.

Analysts are closely watching the market, with some predicting that Bitcoin could hit new all-time highs by June 2025. A rising wedge pattern on the BTC chart suggests that a significant price surge could occur even sooner. However, if the wedge pattern is rejected, it could lead to further downside for the cryptocurrency. Despite a 30% drop since hitting new highs in mid-January, this pullback is considered typical in a bull market, with past bull runs seeing Bitcoin fall as much as 55% before reaching new all-time highs.

As of now, Bitcoin is trading around $83,500, with the market awaiting the outcome of the upcoming FOMC meeting. The Federal Reserve is expected to keep interest rates unchanged at 4.25%-4.5% due to uncertainty in the U.S. economy. The Fed's cautious approach has left the market uncertain, but if rates remain the same, Bitcoin and the broader crypto market could see renewed momentum, especially with predictions of a rate cut in May.