Analyst forecasts $180,000 Bitcoin, signals end of correction phase
A new analysis shared by crypto commentator XRP Update has sparked renewed discussion about Bitcoin’s long-term price cycles, suggesting that the leading cryptocurrency may be nearing the start of another major upward move. According to the chart presented by XRP Update, Bitcoin’s previous cycles each lasted roughly 1,064 days of upward momentum followed by a 365-day correction. The comparison includes three full historical cycles and indicates a fourth may soon begin following the same timeframe.