Coinworld.com reports:
Cryptocurrency analyst EGRAG is paying attention to Bitcoin’s four-year cycle and predicts that significant price fluctuations could lead to a market top next year.
By market capitalization, Bitcoin is the largest cryptocurrency and recently dropped to a multi-day low of $66,500, falling 0.57% within 24 hours.
However, it rebounded to $66,887.72, showing resilience and reflecting a 1.67% increase over the past week.
The price volatility has prompted prominent cryptocurrency analysts to weigh the potential trajectory of Bitcoin in the coming years, with many discussing the impact of the four-year cycle.
EGRAG’s Bitcoin Forecast
Analyst EGRAG Crypto recently highlighted the importance of Bitcoin’s four-year cycle in predicting potential price peaks. He believes that April 2025 could be a significant moment for Bitcoin, marking the first opportunity for a new peak based on the cyclical structure.
#BTC
Believers in the four-year cycle:
A) Four years from April 2021 = April 2025.
B) Four years from November 2021 = November 2025.
If you still believe in the power of the four-year cycle, what is difficult to understand?
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Analysts Set Peak Timeframe for Bitcoin at 150K175K over FourYear Cycle
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