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Recently, the monthly trend of Bitcoin has attracted widespread attention in the market. Historical data shows that the monthly charts during each bull run typically exhibit a pattern that ends after three peaks. Currently, Bitcoin seems to be at this critical third peak position.
Historically, the peaks of each bull run often occur in specific areas on the chart. If this pattern continues, we may see Bitcoin continue to exhibit strong performance over the next 2 to 3 months. Specifically, there may be an upward trend lasting about 6 weeks.
However, investors need to remain vigilant. After this wave of increase, Bitcoin may enter a high-level consolidation phase. During this phase, some holders may choose to gradually reduce their holdings to realize profits.
It is important to note that the volatility of the cryptocurrency market is extremely high, and any predictions carry uncertainty. Investors should make cautious decisions based on their own risk tolerance and investment goals. At the same time, continuously following market dynamics, changes in the regulatory environment, and the global economic situation are key factors in making informed investment decisions.
In any case, this round of Bitcoin's trend will undoubtedly become the focus of close attention for cryptocurrency enthusiasts and investors. In this rapidly evolving field, staying vigilant and continuing to learn is crucial.