Bitcoin reached a new all-time high of $69,000 after 847 days, signaling the start of a new market cycle.

U.S. Bitcoin spot ETFs approval in January significantly contributed to the latest price surge and investor enthusiasm.

On-chain analytics confirm the four-year market cycle for Bitcoin is still on course, correlating with price movements.

Gaming tokens and Ethereum have seen a rise in value, with Ethereum nearing $4,000, despite a temporary market crash.

Analysts predict bullish trends for Bitcoin, with a potential to hit $250K this cycle and an estimated cycle peak of $155,000 - $175,000.

Anticipated factors such as new spot ETFs, the April 2024 halving event, a strong U.S. economy, and expected cryptocurrency regulation are driving market optimism.