Here’s How High The Bitcoin Price Will Go If It Repeats The 2017 Cycle

The Bitcoin bull cycles have always been similar in the fact that each one has always ended with the Bitcoin price multiples higher than the previous high. While the digital asset has hit new all-time highs this cycle, it is far from being multiples of the previous all-time high, and has yet to hit the 2x mark. However, with a lot of similarities popping up between this cycle and what was seen in 2017, there is still the possibility that the Bitcoin price will run higher from here. Bitcoin Price Mirroring 2021 Cycle Moves Crypto analyst Merlijn The Trader took to X (formerly Twitter) to share some similarities that they noticed between the current Bitcoin price trend and what was recorded back in 2017 source: https://www.newsbtc.com/news/bitcoin/bitcoin-price-2017-cycle/