$BTC The current Bitcoin cycle shows strong similarities to the structural adjustments seen in 2017 and 2021.
The main market indicators, such as the relationship between Bitcoin and market volatility (BTC/VIX ratio) and the total market capitalization of cryptocurrencies in weekly charts, are showing similar alignments to those observed near previous important changes in the market. These significant price adjustments in the past acted as more than just declines; they effectively redefined the market before subsequent significant upward trends began.