According to Golden Finance, CoinDesk analysts predict that Bitcoin may be poised for another price breakthrough. Based on historical market cycles, the price is expected to rise to between $108,000 and $155,000.

Since reaching a high of $73,000 in March, Bitcoin has experienced a prolonged correction, leading many investors to believe the market has peaked.

However, Bitcoin's recent price movements are similar to its performance during the 2016 and 2020 bull markets. Both of those bull markets saw significant price increases toward the end of the year. This suggests that Bitcoin could see a similar surge before the end of the year.

Despite its recent weakness since March, Bitcoin is still up 290% since the market low in November 2022, aligning with previous bull market cycles. If Bitcoin follows past trends, it could see a 600% to 900% price increase by the end of the year, reaching the $108,000 to $155,000 range.