Bitcoin's upward momentum continues, with analysts suggesting that the market cycle top may still be ahead. The monthly RSI indicates further growth prospects, and historically, previous cycle tops coincided with the RSI reaching the overbought zone, which has not yet occurred in the current bull market. The analysis emphasizes Bitcoin's consistent cyclical patterns and suggests that corrections are normal on the way to new highs. Currently, Bitcoin is following an upward trajectory, with a possible push towards a new all-time high. Bitcoin recently reached a new all-time high of $103,900 but experienced a natural pullback. However, it found solid footing and is now trading at $97,727. If the current trend holds, Bitcoin could retest its prior highs and potentially challenge its all-time high. The outlook for Bitcoin is optimistic, with projections ranging from $101,430 to as high as $160,000. However, if support levels are not maintained, a retest of lower price levels could invalidate the bullish structure and shift sentiment towards a bearish market.



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