Bitcoin Price Forecast: Q2 2027 Predicted as Next All-Time High

Bitcoin's price has been fluctuating over the past few months, with a current trading range of around $66,000–$67,000. This represents a decrease of approximately 47% from its all-time high of $126,100 set in October 2025.

Peter Brandt, a veteran trader, has shared his views on the future price movement of Bitcoin. According to him, it is unlikely that Bitcoin will reach a new all-time high until at least Q2 2027. He believes that this could be due to a potential bear cycle low in September or October 2026.

Brandt's forecast is not an isolated view, as other analysts share similar concerns. Polymarket traders give only a 15% chance of Bitcoin reclaiming $120,000 in 2026. Anthony Scaramucci, managing partner of SkyBridge, has also pointed out the four-year market cycle, which some traditional whales believe will result in a self-fulfilling prophecy.

Meanwhile, ETF flows and market sentiment have been indicating a bearish trend. Spot Bitcoin ETFs recorded $296.18 million in net outflows for the most recent weekly period, ending a four-week run of inflows. The Crypto Fear & Greed Index has also been sitting in 'extreme fear' since March 20.