Here’s how the current Bitcoin price compares against the previous cycles when they were at similar phases in their lifespan.
Current Bitcoin Cycle Appears To Line Up With Previous Ones
In a new post on X, the community manager at CryptoQuant Netherlands, Maartunn, discussed how the current cycle lines up against the last two cycles.
Here’s the chart in question:
From the chart, it’s visible that the analyst hasn’t compared the entire cycles, but rather from the points where each of these cycles set their respective all-time highs.
The basis of the comparison here is the percentage change in the price. Since the phase of the cycle relevant to this chart is the post-ATH, bear market period, the percentage change is on the negative scale for each of the cycles.
A striking similarity between them immediately becomes apparent on a first look at the bear market drawdown phase of each of these cycles. The price action in each of these doesn’t align perfectly, as each cycle had sho
We współpracy z: https://bitcoinist.com/bitcoin-cycle-schedule-price-lines-previous-cycles/
