Bold prediction: by the end of 2029, Bitcoin (BTC) could be on track to surge to 250,000 US dollars! Don’t rush to celebrate—if you want to get a bite of this big, juicy feast, we first need to learn how to stay in the “cold palace” for a while. According to Bitcoin’s classic “four-year cycle” playbook, the true peak of the bull market usually comes about 1.5 years after the halving, while the major bottom often shows up about 1 year after the peak. So, I算 it out: we may have to go through a long “base-building period,” and it might not let up until September or October 2026. Those brothers who say the bear market ends in February might be a bit too optimistic. Right now, the market is more like it’s “squatting deep”—to jump even higher later, it has to firm up the foundation in the pit first. Of course, if Bitcoin this time doesn’t follow the usual script and insists on a “deep V” pattern or simply launches straight upward, then I’ll quickly revise the playbook. But for now, it looks like we need to prepare for a long fight.