The provided image contains two charts comparing Bitcoin's price movements in 2020 and 2024, highlighting similar descending channel patterns. To discuss whether BTC can reach a new high and if the cryptocurrency market is over, let's analyze these points:

### Current Trend Analysis:

- **2020 Pattern**: The left chart shows a descending channel pattern in 2020, followed by a significant breakout and a sharp increase in Bitcoin's price.

- **2024 Pattern**: The right chart shows a similar descending channel pattern, suggesting a potential breakout similar to 2020.

### Potential for a New High:

- **Historical Similarity**: The repeating pattern from 2020 to 2024 suggests that if Bitcoin follows the same trajectory, we might see a breakout and a new high.

- **Market Sentiment**: Despite recent declines, there is still strong purchasing power, as indicated by ETF data and ongoing interest in Bitcoin.

- **Macroeconomic Factors**: Interest rate cuts are expected, which historically stimulate the market. This could provide a long-term boost for Bitcoin and potentially drive prices higher.

### Personal View:

The current pattern suggests a potential for Bitcoin to reach a new high, mirroring the breakout seen in 2020. The market's recent decline appears to be a temporary setback rather than an indication of the market's end. The upcoming interest rate cuts and strong ETF purchasing power provide a solid foundation for future growth.

### Conclusion:

Bitcoin has the potential to reach new highs, driven by historical patterns, strong market fundamentals, and favorable macroeconomic conditions. The cryptocurrency market is not over but is likely in a transitional phase, setting the stage for future growth.