Quick Take Bitcoin has undergone a correction of approximately 23% from its peak of $73,600 in March. Analyzing historical cycles can offer valuable perspectives on its current price dynamics. Glassnode data indicates that Bitcoin is presently down by 12% from its 2021 peak, established in April 2021. This positions it between the trajectories of the […]
The post Bitcoin’s recent decline mirrors past cycle trends appeared first on CryptoSlate.
Go here to Read this Fast! Bitcoin’s recent decline mirrors past cycle trends
Originally appeared here:
Bitcoin’s recent decline mirrors past cycle trends