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Some analysts have recently stated that Bitcoin is expected to achieve a strong rally in January, with a target level directly at $125,000. If BTC can hold steady at this critical level, it could mean the end of the four-year cycle pattern that has persisted for many years.
From the market recovery signals, there are indeed many positive factors driving the current situation. If this round of market movement can break through this psychological threshold, it will unleash a quite strong upward momentum. Many market participants believe that there is a possibility of doubling in this wave of market movement.
Historically, whenever Bitcoin breaks through key resistance levels, it often triggers a new cycle in the entire crypto market. Whether this time can break the existing pattern depends on the performance of the next few weeks. What is your opinion on this market movement? Feel free to share your thoughts in the comments below.