Analyst Bob Loukas Suggests Bitcoin Could Experience Delayed Blowoff Top
Bob Loukas, a veteran crypto analyst, suggests Bitcoin may be entering a “perfect storm” phase in its four-year cycle. He anticipates a delayed blowoff top extending into early 2026 and introduces the concept of a double-cycle structure.
Key Insights
- The current Bitcoin cycle began with the November 2022 low and is approaching its climactic phase.
- Factors contributing to this cycle include ETF inflows, corporate treasury adoption, and potential regulatory shifts.
- Loukas predicts Bitcoin could reach $150,000–$170,000 in the short term, given historical price doubling patterns.
- A “double cycle blowoff” could delay the market peak to February or March 2026, extending the uptrend to 39–41 months.
- This scenario may lead to a shorter correction phase or a second rally, creating an illusion of one extended supercycle.
- Current sentiment lacks the extreme mania typical of previous tops in 2017 and late 2021, suggesting further upward movement.
- Long-term implications indicate that significant institutional interest could lead to a prolonged bear market if a major peak occurs.
- Loukas maintains a conservative position, partially holding cash but acknowledges risk-tolerant investors might see this as an accumulation opportunity.
As of now, BTC trades at $107,317.
