Cryptoquant: Bitcoin may continue the positive cycle and close the third consecutive bullish year

On June 18, Cryptoquant analyst Carmelo_Alemán released a market analysis stating that on-chain analysis uses indicators such as MVRV, UTXO value bands, and trading platform reserves to interpret blockchain data from a micro and macro level. These tools help us understand on-chain dynamics and guide wise decisions. However, this method of constantly looking for micro signals to infer macro trends, although often useful, sometimes obscures the cyclical forces that truly drive Bitcoin's long-term price behavior.

"Bitcoin Annual Percent Trend" corrects this problem by showing Bitcoin's annual performance since 2011. It reveals a regular cycle: three years of growth followed by one year of consolidation, which coincides with Bitcoin's four-year halving rhythm. The importance of this growth cycle is that according to this indicator, if Bitcoin maintains its typical speed in the third year of the cycle, it may grow by about 120% in 2025. Starting from $93,226 has pushed the price to $205,097, which may be the top of the cycle this year. If this logic holds true, 2025 will likely close with a third consecutive bullish year, completing another positive cycle. This signals that we are in the final stages of the current cycle and has important strategic implications for investors who want to align with Bitcoin's multi-year structure. This behavior is also supported by other cyclical indicators such as Realized Cap, which continues to hit new all-time highs in 2025. Using the long-term perspective of "Bitcoin Annual Percent Trend" helps investors stay calm during short-term fluctuations. $BTC #CryptoQuant