With Bitcoin having set a new all-time high already in 2020 and is well above it in 2021, it is clear that we’re seeing a repeat of the bubble behavior from Bitcoin. The cryptocurrency is breaking out into a new bull run and has gone parabolic.
According to the last cycle, Bitcoin is slightly ahead of schedule indicating some corrective patterns are ahead. But the short-term trajectory over the next year is up. Prices could reach $100,000 to $325,000 this year.
