BTC has broken through 67,300 since the 4.20 halving, and seems to have gotten rid of the downturn. Let's talk about judging the possible bull market top in the next few months of 2024 to 2026.

This cycle dates back to the beginning of 2023. It has been halved now. The suspension of interest rate hikes has not ended yet, and it seems that the first interest rate cut is still a long way off. In the past, because the first phase of interest rate hikes ended and the mid-term elections, there was a wave of increases from the end of 2022 to the beginning of 2023. Then the suspension of interest rate hikes in September 2023 and the passage of Bitcoin spot ETFs on January 11, 2024 prompted BTC to break through the previous high and reach 73,700.

Then it pulled back and now it has broken through 67,300 since the 4.20 halving

Next month, the balance sheet will be reduced. In plain words, there is no water release, but the water output has become less. There will naturally be more water in the pool. Will it usher in a new historical high? In terms of all the current situations, it is a boost in sentiment, but can it break through 73,700. It's hard to say, after all, next month is closer to the expected rate cut.

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