Each cycle typically spans 4 years. Historically, the cycle peak occurs near the end of year 3, followed by a year-long market downturn in year 4, with the cycle bottom forming closer to the end of that final year.
Based on previous cycles, a reasonable peak for Bitcoin in this cycle would be around $120K–130K, followed by a correction down to the $45K–50K range.
Based on previous cycles, a reasonable peak for Bitcoin in this cycle would be around $120K–130K, followed by a correction down to the $45K–50K range.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.