Yesterday, the bitcoin price briefly dipped below the $100,000 mark for the first time since June. And due to the dynamics usually at play in terms of bitcoin’s four-year market cycles around halving events , where the amount of new bitcoin issued in each block is cut in half, many analysts are wondering if this latest crypto bull market is over.

However, there are also those who claim “this time is different,” and are expecting new all-time highs above $125,000 to be seen within the next year. Galaxy Head of Firmwide Research Alex Thorn has revised his expectations for an end of year bitcoin price from $185,000 down to $120,000 due to recent events, and he’s not the only analyst making that sort of adjustment. His recent note points to the likelihood of more moderate market cycles

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