Biggest Bull Run Yet? Expert Says Crypto Cycle Could Extend to 2026
Analysts suggest that the cryptocurrency market could be in a holding pattern before entering its next explosive phase.
According to Global Macro Investor CEO Raoul Pal, the traditional four-year crypto cycle may stretch into early 2026 as slower global liquidity conditions delay the next wave of capital inflows.
Pal described the current environment as a “waiting room” where major parts of the crypto ecosystem stand ready to ignite. He argued that the business cycle is creating conditions for “more liquidity for longer,” potentially pushing the cycle’s peak into the first or even second quarter of 2026.
Other analysts echoed this view. Enmanuel Cardozo of Brickken told Cointelegraph that the recent pullback was more about political friction between President Trump and the Federal Reserve than on-chain weakness.
He noted that institutional positioning in Bitcoin and Ethereum remains strong, a signal that big money has not turned bearish. Meanwhile, Binance stablecoin inflows topping $1.65 billion hint at fresh buying power waiting to re-enter markets.
Which Altcoins Could Break Out Next?
Pal also highlighted which assets he believes will exit the “waiting room” first. Solana (SOL), he said, is showing a bullish ascending triangle setup that could precede a breakout. Next in line could be Sui (SUI), followed by Dogecoin (DOGE). XRP, meanwhile, is still in transition, while smaller altcoins outside the top ten may need more time before joining the rally.
Pal has compared today’s cycle to the explosive run of 2017, when Bitcoin surged more than 1,200% in a year. He believes the similarities are “spooky,” and that the extended timeline this cycle could mean the final parabolic stage is still ahead.
If his forecast proves correct, the crypto market may be on the verge of its most significant expansion yet — but investors may need to exercise patience before the next leg higher begins.
The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
