@venturevillagewall · Post #4053 · 02/02/2025 19:00
Bitcoin Mirrors 2015-2018 Market Cycle 📈 A new report from *Glassnode* outlines parallels between Bitcoin's current bullish trend and the 2015-2018 market cycle. Key insights include: - Price retracements align with Fibonacci thresholds of 10.1%-23.6%. - Current capital inflows doubled, but below the previous cycle's peak. - Centralized exchanges have seen reserves drop from 3.1M BTC to 2.7M BTC. - 1.1M BTC shifted from long-term to short-term wallets during price ascent. While Bitcoin's macro trend is bullish, cautions arise about distribution phases preceding waning demand. Historical patterns suggest potential market stability ahead. Full report here #Bitcoin#MarketCycle#Crypto#Finance#Investment#BullMarket#Glassnode#Fibonacci#BTC#Trading#Economy#Reserves#ETF#InvestorBehavior#Liquidity#PriceAction#Trends#Analytics#Research#CapitalInflows#LongTermInvestors#ShortTermInvestors