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Is Bitcoin near a market top? Analysis of BTC’s cycle patterns reveals…

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BTC has surged by 13.28% over the past 30 days. When is the next bitcoin's market? An analysts perspective.

BTC has seen a sustained uptrend over the past month, rising by 13.28%. An analyst speculates a potential market top in 2025, based on previous cycles.has been on an uptrend, reaching an all-time high of $103,647. The crypto has experienced a strong upswing, crossing the $100,000 mark nine times in 14 days. At the time of writing, Bitcoin was trading at $101,722, marking a hike of 1.59% in a day.

In 2018, the market top culminated the 2016 and 2017 bull runs, with BTC hitting $19,666 in December 2017. The year 2018 began with a decline from $17,235 to $3,122. In 2011, Bitcoin experienced its first major bull run, reaching an all-time high of $29.6 in June. However, following the Mt. Gox hack, BTC plummeted to $2 by the end of the year.

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 /  🏆 22. in NL
 

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Bron: CryptoAmb - 🏆 22. / 68 Lees verder »