Bitcoin Price Rally Breaks Historic Pattern, Raising Chance of Earlier Peak
• Analyst says Bitcoin may peak sooner than expected due to unprecedented price rally above key $42K level • Bitcoin has historically pulled back after hitting 50% retracement level before continuing rally • This cycle, Bitcoin has continued rallying over $11K above 50% level, breaking historic pattern • Analyst believes this shows Bitcoin's strength, possibly indicating earlier peak than prior cycles • Bitcoin currently trading around $52K, up nearly 6% over past week