Current Bitcoin cycle outpaces previous market trends while cautiously eyeing historical retracement risks
CAT
1 min read
Quick Take Analyzing Bitcoin’s previous market cycles, it’s evident that the current cycle is demonstrating a robust performance despite being approximately 32% below the cycle’s first peak in April 2021 at $64,900. Notably, the subsequent new all-time high of $69,100, which came in Nov. 2021, was driven predominantly by leverage, with numerous on-chain indicators suggesting […]
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Current Bitcoin cycle outpaces previous market trends while cautiously eyeing historical retracement risks
