Historic sample indicators bitcoin peak, however this analyst says rally might persist
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Bitcoin may hit a peak soon, if its historical pattern of four-year cycles still applies.
The largest cryptocurrency
BTCUSD was tearing higher on Wednesday, trading just shy of a record reached earlier in the week. A total of 1,052 days have passed since the price bottomed out at $15,591 on Nov. 21, 2022. Back then, the collapse of crypto exchange FTX was sending a shock wave through the broader market for digital assets.