Is Bitcoin’s Bull Run About to Reach its Climax? Insights into Historical Patterns

Crypto analyst Ali has drawn attention to historical data, suggesting that Bitcoin may be nearing its market peak if it follows the trajectory of past bull runs. Similar cycles have seen Bitcoin reach its high point roughly two months after hitting cycle lows, implying the current market could be on the cusp of a significant surge. However, analyst Michael van de Poppe presents a more cautious viewpoint. He observes recent rejection at resistance levels, suggesting that Bitcoin needs to establish a higher low between $114,000 and $114,500 before confirming bullish strength. This crucial milestone could signal further upward momentum for the market.