According to historical data, the price of bitcoin has not yet peaked and is only in a "mid-cycle"

According to historical data, the price of bitcoin has not yet peaked and is only in a "mid-cycle" correction.Instead of a historic correction

, the current drawdown points to a mid-cycle correction. Things to be aware of
The current bitcoin decline's length and depth are very similar to earlier 30% plus mid-cycle corrections observed in 2024 and early 2025. Bitcoin has experienced a 36% decline at 95 days from the October all-time high, which is significantly less than the 50–70% declines seen at similar times following the cycle peaks in 2013, 2017, and 2021. Cle top. Bulls and bears of bitcoin have been debating whether the price of the cryptocurrency has peaked for this cycle.

The discussion comes after bitcoin fell precipitously from its peak value of $126,000 in early October to about $90,000. This retreat is consistent with the