#BTCBreaksATH The Bitcoin market has seen notable moves recently. After hitting an all-time high of $109,071 on Monday, its price retreated to $102,546.13 on Tuesday, influenced by the absence of mentions of cryptocurrencies in President Donald Trump's inaugural address.
Despite this correction, indicators such as the MVRV Z-score and unrealized profits and losses suggest that Bitcoin has not yet peaked in this cycle. Analysts project that for these indicators to reach levels historically associated with market tops, Bitcoin would need to surpass $200,000.