Bitcoin's price may peak mid-January, research firm says

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• Bitcoin could reach a cycle peak in January, K33 calculated.
• The prediction is based on historical data showing a 318-day cycle for crypto prices.
• K33 sees the next peak as "a natural area to reduce risk and realize profits for the short term."

If history is any indication, bitcoin could hit a new peak in a matter of weeks, which could present an opportunity to lock in gains.

According to a research firm K33, the flagship token is set to reach an all-time high in mid-January...