#BinanceTurns8 Key Conclusions:
The long-term bullish trend of Bitcoin remains strong, but an analyst warns that the four-year cycle could limit another rise.
Analysts believe that Bitcoin could surpass the current all-time highs, with targets between USD 130,000 and USD 168,000.
Bitcoin (BTC) may not have time for another parabolic rise in this cycle, according to its four-year cycle model, warns a cryptocurrency analyst.
"Despite short-term volatility, long-term prospects remain very strong, with a structured bullish trend, an ascending channel pattern that now technically points to its next peak," stated popular analyst TradingShot in a post on Tuesday on TradingView, basing his analysis on Bitcoin's technical indicators.