Investors Might Witness the First Original Cycle in the History of #bitcoin
The internet pundit claims that although maybe not as much as investors believe, the present market cycle may deviate from the usual cycles witnessed in the past.
Based on the highlighted chart, which aggregates important macroeconomic statistics and contrasts it with the price fluctuations of Bitcoin, Darkfost bases their analysis. First of all, the on-chain analyst thinks that the flagship cryptocurrency has never had to change under hostile for risk assets market conditions.
Darkfost mentioned the US Federal Reserve's high interest rates and said that although the possible juicy returns on safer investment tools have not stopped the Bitcoin price from reaching two new all-time highs in the current cycle. The crypto analyst specifically mentioned the state of Treasury yield.
When big money—especially institutions—could earn a safe 5% income without any actual risk, why would big money be ready to take risks? Even more remarkable is the US 2Y's higher than long-term yields, an odd and historically significant configuration.
Darkfost went on to add that since liquidity has not been entirely focused on risk assets, the present cycle may really be different. This hasn't stopped the top bitcoin, though, from showing remarkable performance over the year.
Ultimately, Darkfost said, the reelection of Donald Trump, the US President, leaves some degree of uncertainty in the market. The on-chain analyst came to the conclusion that, should macro conditions improve this year and last until 2026, investors could see the first genuinely unique cycle even if Bitcoin is currently in a normal cycle.
#BTCvsMarktes #CryptoMarketCapBackTo3T #TariffPause #BinanceAlphaAlert $BTC