Bitcoin’s current rally is not a fleeting spike, according to prominent analyst TechDev. In a recent report, he outlines a compelling theory that Bitcoin’s bull market could stretch on for another fourteen months. He draws parallels with traditional business cycles rather than the familiar four-year halving model, suggesting that macroeconomic trends are now the key drivers of digital asset momentum.
A New Lens on Bitcoin’s Cycle
TechDev’s model departs from conventional crypto thinking. Instead of viewing Bitcoin’s price bubbles through halving events, he sees a pattern tied to global economic cycles. Specifically, he points to the copper-to-gold ratio—a known risk appetite barometer—as a signal. When that ratio bottoms, Bitcoin tends to rally. Historically, Bitcoin peaks approximately 14 months later. This real-world anchor gives weight to his forecast of continued gains into late summer 2026.
TechDev’s framework aims to align Bitcoin’s price action with broader financial rhythms, rather than treating crypto as an isolated, self-driven ecosystem.
Historical Track Record and Price Targets
Drawing on both two-day and two-week charts, TechDev shows Bitcoin breaking out from large-scale cup-and-handle patterns. He sets near-term price targets at $170,000, and an extended projection toward $380,000, driven by strength in institutional flows, market psychology, and technical momentum.
These targets are mirrored by other analyses: some view the current price structure as forming a clean ascending channel that supports a defined breakout toward ultra-high valuations. Recent ETF inflows and on-chain accumulation patterns reinforce the bullish thesis.
Evidence in the Flow of Capital
Several signals support the case for a sustained rally. The MVRV pricing bands model (Market Value to Realised Value) indicates that Bitcoin’s supply and demand fundamentals remain solid. Coin World reports the model suggests a potential surge toward $130,000, provided the stable zone above $110,000 holds firmly. This level now acts as a critical support line.
In parallel, $82 billion in ETF inflows over the past month reflect sustained institutional demand, while technical charts affirm strong accumulation zones between $110K and $112K. Collectively, these trends reinforce the forecasted extension of bullish momentum.
Why The Bull Might Have Legs
Three core factors suggest the rally may be more than a flash in the pan:
First, global liquidity is expanding amid slower Fed tightening and improving U.S.–European trade sentiment. Lower interest rates tend to lift risk assets, and Bitcoin is clearly riding that wave.
Second, regulatory clarity is improving. With new laws like the GENIUS Act offering transparent stablecoin frameworks and central bank alignment on digital assets, institutional newcomers now view crypto as less uncertain.
Third, mainstream adoption is accelerating. Tech companies, hedge funds, and even sovereign wealth funds have started building crypto reserves. CoinSlate recently warned of an impending Bitcoin treasury bubble, forecasting as much as $11 trillion potentially flowing into Bitcoin holdings.
Caveats: What Could Break the Cycle?
TechDev’s analysis does not guarantee uninterrupted growth. Risk factors loom: a sustained fall below $110K support could trigger a sharp correction. Price volatility, investor sentiment shifts, or macroeconomic shocks could knock the cycle off course.
Historical cycles show Bitcoin tends to stall at peaks, sometimes followed by 20–30% retracements. Citi analysts now argue that BTC valuation depends primarily on adoption—not mining costs or scarcity models. Their revised valuation framework suggests continued price growth only if demand keeps rising.
Critics also say that long-term price targets like $170K or $380K rely heavily on optimistic macro assumptions that can unravel quickly if sentiment sours or regulatory policy shifts.
Final Take: More Than Just Momentum
If TechDev is correct, we may be witnessing the start of a sustained bear-to-bull transition that lasts well past this summer. Institutional appetite, technical price structure, and macro-cycle alignment reinforce a major pivot in crypto sentiment. But markets are never linear.
Looking ahead, the coming months will test whether Bitcoin can maintain its support zones, absorb institutional demand without major dips, and align with broader economic signals. Investors and traders would do well to track key thresholds—particularly $110K support and record inflows.
A 14-month bull market means this rally is more than headlines. It’s a signal that the market is maturing—and expanding into new territory.
