Is Bitcoin Following the 2011 Double Peak Cycle or 2015’s Slow Grind?
Here’s What History Suggests:
As Bitcoin bounces around in its current consolidation phase, there’s a lot of speculation on what could come next. This deep dive into Bitcoin’s past bull cycles offers some clues—and it's looking bullish either way!
Key points from the analysis:
Cycle comparison: The current cycle most closely mirrors two past ones—2011-2013 (the double peak cycle) and 2015-2017 (the slow and steady rise).
Metrics like MVRV ratio & Coin Days Destroyed: These metrics suggest investors are accumulating, just like in previous bullish periods.
No matter which path Bitcoin follows, the outlook is strong. If you're into data-driven analysis, this video breaks it all down:
Watch the full video here: https://www.youtube.com/watch?v=zRjiAdqW82A
What do you think? Are we headed for another parabolic run, or a slower, more sustained rise? 🤔
As Bitcoin bounces around in its current consolidation phase, there’s a lot of speculation on what could come next. This deep dive into Bitcoin’s past bull cycles offers some clues—and it's looking bullish either way!
Key points from the analysis:
Cycle comparison: The current cycle most closely mirrors two past ones—2011-2013 (the double peak cycle) and 2015-2017 (the slow and steady rise).
Metrics like MVRV ratio & Coin Days Destroyed: These metrics suggest investors are accumulating, just like in previous bullish periods.
No matter which path Bitcoin follows, the outlook is strong. If you're into data-driven analysis, this video breaks it all down:
Watch the full video here: https://www.youtube.com/watch?v=zRjiAdqW82A
What do you think? Are we headed for another parabolic run, or a slower, more sustained rise? 🤔