๐จ Glassnode: The current Bitcoin cycle aligns with previous cycles despite the market cap increase!
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๐ Historical Performance:
๐น 2015โ2018: +1076%
๐น 2018โ2022: +1007%
๐น 2022+: +656%
๐ก Although the market cap of Bitcoin has grown significantly, the growth pattern remains similar to previous cycles, reinforcing the idea that Bitcoin follows recurring market cycles.
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๐ Why is this important?
๐น Indicates the stability of the market structure despite institutional expansion
๐น May signal further growth in the current cycle
๐น Boosts investor confidence in Bitcoin's historical patterns
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โ Do you think Bitcoin will achieve similar gains in this cycle?
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