$BTC (BTC) is showing signs of a strong recovery and has the potential to break its peak in the near future. Supporting factors include broader approval from financial institutions, large capital inflows into Bitcoin ETF funds, and expectations of interest rate cuts from the U.S. Federal Reserve (FED). Additionally, the recent halving has reduced supply, contributing to price increases. If the positive trend continues, BTC could very well surpass its historical peak, opening up a new bull cycle and attracting more global investors.