I Believe Bitcoin May Have Peaked at $123K — Cycle Possibly Complete
I think Bitcoin (BTC) has reached about $123,000 and that this market cycle may now be complete. From where I stand, the price touching $123k looks like a plausible cycle top for the crypto bull run.
Given this, I expect Bitcoin to enter a period of consolidation or a corrective phase rather than continuing an uninterrupted rally. I'm watching for signs that confirm a cyclical peak in BTC price action and broader cryptocurrency market sentiment.
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Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.