On December 12, 2023, a 4chan user predicted that Bitcoin would reach a market peak on October 6, 2025, based on a numerical pattern involving previous cycle durations of 1,064 and 364 days. The prediction materialized when Bitcoin hit an all-time high of $126,198.07 on that date.

Following the peak, the asset experienced a decline, trading 52% below its high by late June. 21Shares reported that this drawdown was less severe than the 80% drops observed in previous bear markets. As of today, October 5, 2026, the 4chan model suggests a market bottom, marking 364 days since the 2025 peak.

Bitcoin is currently trading around $86,100, which is approximately 30% below its peak and 50% above the July low of $57,000. Recent U.S. labor data indicates the economy added 29,000 jobs in September, falling short of the 90,000 jobs expected by economists.

Market participants interpret the employment figures as a signal that the Federal Reserve may maintain current interest rates rather than implementing hikes. Analysts like Benjamin Cowen suggest that while the accumulation phase began on July 1, the potential for further downward movement remains.