[Just another bubble? Bitcoin price tops follow Chinese debt cycles, new research shows] Bitcoin (BTC) may be hitting new all-time highs, but it may just be another bubble, new research suggests. Unveiling a theory that could well rile Bitcoin bulls, analytics guru Material Scientist revealed what seems to be a strong correlation between Bitcoin price cycles and Chinese debt cycles. Casting doubt on the power of Bitcoin halvings With BTC/USD hitting its latest all-time high in April 2021, expectations are high that another will come before the end of the year. Looking back at Bitcoin’s history, Material Scientist shows that…