Crypto experts predict that Bitcoin may hit its cycle peak within the next three weeks, according to a recent forecast by K33, a crypto research firm. This prediction is based on historical trends and market patterns.
Bitcoin recently broke through the $100,000 milestone, and if history repeats itself, it could lead to a new all-time high by mid-January. However, there are several barriers that investors should be aware of before making any investment decisions.
The forecast suggests that Bitcoin’s price may face significant resistance in the coming weeks, which could impact its ability to reach the predicted peak. Experts are closely monitoring market trends and will continue to provide updates as more information becomes available.
Source: https://www.marketwatch.com/story/bitcoin-may-reach-cycle-peak-in-3-weeks-if-history-repeats-itself-but-watch-for-these-barriers-2c07d2f0