Odaily Planet Daily News: Copper.co analysts estimate that, based on historical data, Bitcoin's potential price peak may arrive around the end of May. In a report released on Tuesday, analysts studied the historical growth of Bitcoin's market capitalization during different bull and bear market cycles. They found that, on average, Bitcoin's cycles last about 756 days, transitioning from market capitalization growth to positive value before reaching a price peak. Fadi Aboualfa, head of research at Copper.co, stated that as of now, Bitcoin is in the 554th day of the current cycle, which began around mid-2023. Aboualfa noted in an email, 'Based on the average cycle duration, this timeline suggests that Bitcoin may peak in about 200 days, or around mid-2025.' (The Block)
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Analyst: Bitcoin may reach its peak around mid-2025
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