ChainCatcher message, K33 Research Director Vetle Lunde's latest report reveals the future trends of Bitcoin. Based on data analysis from the past three cycles, the average duration from the first breakthrough of historical highs to the cycle peak is 318 days. If history repeats itself, Bitcoin may reach this cycle's peak around January 17, 2025, coinciding with the possible presidential inauguration of Trump. 📈

The report predicts that Bitcoin is expected to reach $146,000 this cycle, with a market capitalization potentially touching $212,500. However, Tyler Richey from Sevens Report Research points out that since Bitcoin broke $100,000, trading volume has continued to decline, showing a weakening bullish sentiment in the market. 📉

Technical analysis indicates that if Bitcoin breaks through the resistance range of $100,000 to $101,500, it is likely to retest the range of $106,000 to $108,000. If it fails to break new highs, $90,000 will become a key support level; if it makes a new high, the next target price will be $118,000. 🔍