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30.09.2026 12:38:00

Down 34% From Its Highs, Is Bitcoin a Buy Right Now?

Bitcoin (CRYPTO: BTC) is still down 34% from its all-time high of $126,000 from last October. But it's getting very hard to ignore its stunning reversal over the past two months. In July, Bitcoin dipped below $60,000. Today, it's trading near $85,000.

That leads me to think that Bitcoin could be ready to regain the $100,000 price level by the end of this year. In 2027, it could hit a new all-time high if the momentum continues.

The key to understanding Bitcoin has always been its 4-year boom-and-bust cycle. Long story short, three good years are typically followed by an epic collapse in year four. Then, the cycle begins anew, and Bitcoin races to another all-time high.

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