Yes

>>Nyheter

>>Bitcoin's price may be nearing its peak based on a recurring historical trend, but analyst Peter Brandt suggests a potential rise to $185,000 is still possible.

Bitcoin's price may be nearing its peak based on a recurring historical trend, but analyst Peter Brandt suggests a potential rise to $185,000 is still possible.

crypthub

2 days ago

Debate Surrounding Bitcoin's Cycles

Recent discussions suggest Bitcoin’s traditional four-year halving cycle might be ending, with Arthur Hayes attributing price movements to global liquidity. However, experienced analyst Peter Brandt maintains the cycle remains active, citing a consistent historical pattern. Differing perspectives have emerged within the crypto community, creating uncertainty about future price behavior.

Brandt's Cycle Analysis

Brandt emphasizes Bitcoin’s current cycle adheres to a distinct mathematical pattern, mirroring timeframes between lows before halving and peaks afterward. He calculates that Bitcoin’s peak should have occurred recently, aligning with a timeframe of 533 days after reaching its cycle low in 2022. The latest price surge exceeding $126,000 occurred shortly after this predicted peak.

Potential for New All-Time Highs

Brandt suggests a possibility of significant gains if Bitcoin breaks from this established cycle, achieving a new all-time high. He proposes potential price targets of $150,000 and $185,000 should this occur. While cycles eventually change, defying established trends carries inherent risk.

Risk and Future Projections

Brandt cautions against recklessly betting against Bitcoin's cyclical trend, given its past performance. Dramatic market shifts often arise when trends defy cyclical or seasonal structures. A new all-time high, should it materialize, carries a 50-50 chance of occurring.