Odaily Planet Daily News: Trader and analyst 'Daan Crypto Trades' stated today on X: 'Bitcoin has entered the price discovery phase of this cycle', pointing out that its price has exceeded the historical high for nearly a month, thus Bitcoin may face 'crazy bullish opportunities' in the coming months. He mentioned that after the discovery phase, previous rallies occurred in the last two cycles, noting that Bitcoin rose by 1,600% during the 2017 bull market and by 245% during the 2021 bull market after entering the discovery phase. He added: 'Even if we only achieve half of the gains from 2021, the price will still be around $150,000.' Charles Edwards, founder of Capriole Fund, commented: 'In every cycle, we get 4-7 months of Bitcoin price discovery returns', and added that the first month just occurred in November, with Bitcoin rising nearly 40% and breaking the monthly candle record. (Cointelegraph)

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