According to CoinWorld news and reported by Jin10, the latest report from K33, a cryptocurrency research company, indicates that based on data analysis of Bitcoin's past three cycles, the average duration from the first breakthrough of the historical high to the cycle peak is 318 days. If history repeats itself, Bitcoin may reach the peak of this cycle around January 17, 2025, coinciding with the potential inauguration of Trump. The report estimates that based on historical peak price calculations, Bitcoin could reach $146,000 this time, and if calculated by market value, it might touch $212,500. Sevens Report Research technical analyst Tyler Richey stated that Bitcoin's trading volume has continued to decline since breaking through $100,000, indicating a weakening bullish sentiment. If Bitcoin breaks through the resistance zone of $100,000 to $101,500, it is expected to retest the $106,000 to $108,000 range. If it fails to break the new high, $90,000 will become a key support level; if a new high is achieved, the next target price will be $118,000.

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