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History says bitcoin could peak soon, but here's the case for it to keep climbing
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. This length of time could matter for the price of the pioneering cryptocurrency, given a pattern that has persisted since bitcoin's launch in 2009. In the past, roughly two years and 11 months have passed between bitcoin cycle lows and cycle peaks. If that pattern holds true, bitcoin's ... (full story)