Odaily Planet Daily News: Cryptocurrency research company K33 pointed out that since breaking the $100,000 milestone earlier this month, Bitcoin has been fluctuating. However, based on historical data, Bitcoin may reach a new all-time high around mid-January next year. K33's research director Vetle Lunde stated that based on data from the past three cycles, the average duration from Bitcoin's first all-time high to its last all-time high in each cycle is 318 days. Since Bitcoin set its first all-time high in the current cycle on March 5, if the average duration from previous cycles is repeated, investors might see Bitcoin reach a new high for this cycle on January 17, 2025. Lunde wrote in a recent report: 'Trump's election was a catalyst for the strong market rally in the fourth quarter, and considering that the political process may take time to unfold, Trump's inauguration will be a natural end to this momentum.' (Morningstar)

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