👀 Where are we in the $BTC cycle?

If we map Bitcoin's current position against previous cycles, it appears to be in the middle phase of its post-halving rally - not at the euphoric stage that usually marks a cycle top. In previous bull markets, this mid-cycle zone was often followed by months of continued upside before a final parabolic move 👍

🪄 After touching $123,000, Bitcoin has slightly pulled back and now hovering near the $118-119K range. While some see this as a potential top, structurally, the cycle tells a different story. The historical rhythm of Bitcoin (where each halving is followed by a year-long rally) still appears to be in motion.

If the cycle holds, 2025 could remain bullish. In previous runs, Bitcoin topped out significantly above its former highs (reaching 2–3x above), before reversing. This time, we're not even at 2x from the last cycle's $69,000 high.

🎩 With no clear macro top signals yet and the halving narrative still unfolding, it's possible that Bitcoin is simply consolidating before its final leg up.

🐇 And although some interpret this plateau as a sign of weakening momentum - a setup for altcoins to fully take the spotlight - it might just be the calm before Bitcoin's strongest stretch yet. But what matters now is staying observant, as cycles turn fast, and clarity often comes late.
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