BCA Research expects Bitcoin to exceed $200K in this cycle

Bitcoin could exceed $200,000 in this cycle, according to a report from global investment research firm BCA Research, cited by CoinDesk. The prediction is based on the 260-day fractal dimension complexity, a metric that tracks changes in price patterns. The current reading remains above 1.20, a level historically associated with bull market peaks despite Bitcoin’s recent surge. While a short-term price retracement is possible, BCA Research maintains that Bitcoin’s structural uptrend remains intact, with a target above $200,000.