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Bitcoin to hit new high in 2027 as four-year cycle ends, Flaum says

Bitcoin to hit new high in 2027 as four-year cycle ends, Flaum says

Photo: crypto.news

Log Scale Investments CEO Mike Flaum has predicted Bitcoin will reach a new all-time high in 2027, rejecting the idea that its price still follows a dependable four-year cycle. Flaum expects a Bitcoin record in 2027 and says the four-year cycle is over. Galaxy’s latest research argues Bitcoin bottomed in June, revising its earlier downside assessment. Fidelity says improving market signals still leave questions about whether a sustained recovery has begun. Grayscale favors economic conditions and interest rates over the halving calendar when assessing Bitcoin. Bitcoin Magazine shared Flaum’s forecast following an Oct.

Source: crypto.news

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