PANews December 25 news, according to Morningstar, cryptocurrency research firm K33 Research pointed out that Bitcoin has been fluctuating since breaking the $100,000 milestone earlier this month. However, history indicates that it may reach a new all-time high around mid-January next year. Vetle Lunde, head of K33 Research, stated that based on the data from Bitcoin's past three cycles, the average duration from the first to the last all-time high in each cycle is 318 days. With Bitcoin reaching its first all-time high in the current cycle on March 5, if the average duration from previous cycles repeats, investors might see the cryptocurrency hitting a new peak for this cycle on January 17, 2025. If Bitcoin truly reaches its cycle peak in mid-January next year, it will be close to Trump's U.S. presidential inauguration on January 20.
