In a serious analysis for crypto fans, experienced trader Peter Brandt questions if the current Bitcoin bull run will continue. He thinks the peak might have already happened, with big drops ahead.

Brandt looks at past price cycles to make his point. He says each time Bitcoin surged, the growth slowed down, calling it 'Exponential Decay'. This means the current cycle might have hit its highest point around $72,723 in March 2024.

There have been five big bull cycles for Bitcoin. Brandt's analysis focuses on how each cycle's growth gets smaller. It's like a pattern of slowing down, with each cycle being about 20% of the last one.

Brandt's data suggests Bitcoin might be at its highest point for now. It could drop a lot, maybe back to around $30,000 like before. But he's also hopeful, saying big drops could lead to big rallies later on, just like with gold.

Even though Brandt has invested a lot in Bitcoin, he's honest about the data. He says Bitcoin's bull cycles aren't as strong as before. Right now, there's a 25% chance that Bitcoin has reached its peak for this cycle, so investors might need to get ready for possible losses.

Experts like Brandt give important advice in the risky crypto market. They show how important it is to make decisions based on facts, especially in a financial world that's always changing.