Raoul Pal Declares Bitcoin Peak Will Arrive in Q2 2026, Bull Cycle Extension Still in Play

• Raoul Pal declares Bitcoin peak will arrive in Q2 2026.

• He then explains how the bull cycle extension is still in play.

• Several factors point to BTC and altcoin prices surging after a dip.

The crypto market has been in a fierce tug of war debate over bearish vs bullish expectations this year. As signals for both possibilities have been printing in troves, reputed and renowned analysts come together to discuss the possibilities. In particular, Raoul Pal declares Bitcoin peak will arrive in Q2 2026, meaning the bull cycle extension is still very much in play, and the 5-year supercycle will likely play out.

Raoul Pal Declares Bitcoin Peak Will Arrive in Q2 2026

Soon after Bitcoin (BTC) set its current ATH in the $126,000 price range in October 2025, expectations for higher highs or for altseason to follow were immediately crushed due to a massive $20 billion liquidation event that wiped out all leverages, longs, and even some short trades in the crypto market. This event led to a sudden fall in sentiment, resulting in several analysts calling for the start of the bear market.

Others believed that a short crypto winter would ensue, which would lead to BTC setting up a new bottom before a final rally towards the cycle’s major top. This expectation is mainly expected as most analysts refused to believe the bear market could begin without the cycle’s altseason peak phase. Thus, the final BTC surge is expected to give way to the long-awaited altseason as well.

Another popular take is that the bull cycle will be extended due to multiple reasons, all stemming from the possibility of the traditional 4-year cycle going obsolete and for a 5-year supercycle to play out instead. Reputed financial experts such as CZ, Tom Lee, and Raoul Pal are all advocating for the bullish 5-year supercycle to play out this year, meaning new BTC ATHs as well as the highly anticipated altseason.

Bull Cycle Extension Still in Play

In detail, Raoul Pal said that the bull cycle will be extended to become a 5-year supercycle this time because of the business cycle being extended and due to a lack of liquidity in the industry. As for the latter, he expects a big wave to come for the crypto market, which will lead to more than a relief rally. At the moment, analysts are expecting BTC to surge and hit new ATH targets between $140,000 to $220,000.

MASSIVE:

Raoul Pal: “Bitcoin peaks in 2026. Probably Q2.”

Raoul Pal has been right before.
2020 bottom. Called it.
2021 peak. Called it.

Now he’s saying the cycle extended.
And early sellers may regret it.

You already survived the dip.
Don’t give up the run. pic.twitter.com/37gtxNPlsJ

— Merlijn The Trader (@MerlijnTrader) March 31, 2026

As we can see from the post above, Raoul Pal says Bitcoin is detrended due to the elongated business cycle and goes on to share a brief. He says this surge could be slow, as the first step is for all prices to fall to lower targets, which will soon be followed by a sudden surge that will come from a massive supply shock. He concludes with encouragement for traders who have already survived the dip and states that early sellers will regret that move.