Bitcoin Price Cycle Points to Potential $175K Peak

Recent analysis indicates a potential peak for Bitcoin around $175,000 in this bull run. This prediction stems from historical EMA (Exponential Moving Average) breakouts revealing similar patterns to past cycles. Applying historical percentage gains (60%, 170%, and 75%) suggests an average upside of 101%. This methodology aligns with a previous peak near $20,000 in the 2017-2018 cycle, resulting in a potential top around $200,000. However, adjusted estimates suggest a more realistic target of around $175,000 based on technical averages.