In a historic moment for a broad crypto market, Bitcoin has set a new landmark After a remarkable performance in the last few days, a fresh all-time hit the dynamics of its price by hitting high. This notable movement is believed to be aligned with the final bull cycle moves, which reflects the strength of the current trend.
Avoiding a familiar tendency in desert of bitcoin
The upward tendency of bitcoin does not seem that it is ending anytime soon. A recent report of Alfractal, an advanced on-chain data and investment forum, Show That flagship asset has broken its all -time high in T for the third time in T.His cycleReflecting the strong strength of the ongoing rally.
According to the analytics platform, this recurring milestone has inspired the latest comparison from the previous market cycle, which has indicated the onset of further paralysis movements. With a course with BTC that reflects the back of the previous bull cycle, it increases the possibility that Can be overcome by ongoing uptrend,
Data from Bitcoin ROI per cycle, a major metric, which measures the overall performance of each cycle to each cycle of BTC, shows that the property has increased by more than 600% since at least in November 2022. However, this remarkable growth is still far behind in comparison to the past. Bull market run It was before rallies in thousands of range.
In the previous cycle, especially between 2019 and 2021, BTC recorded an increase of more than 2,000%, while in 2015- 2017 Bull Market Bicycle, property experienced 8,500% rally at all the way on top.
Looking at the chart, each cycle has performed less than the previous ones. The trend states that even if Bitcoin rally has not ended yetThis is likely to record less profit than the final cycle.
In addition to the deteriorating performance, Alfractal highlighted that the flagship asset has never happened before reaching a new all-time high after several months of separation in a bull cycle before. This marks a noticeable change in its dynamics because the market becomes more complex and requires the use of strong matrix and intelligent data to understand and predict new growth.
There is no sign of taking advantage in current growth
While the BTC has increased rapidly in the new all-time high, the sale pressure is greatly reduced as investors choose to catch their coins, capitalization on the ongoing rally. Glasanode, a major on-chain analytics platform, Informed The huge decline in advantage among strong spikes reflects the increasing conviction of the short -term possibilities of the property and a continuous uptrend.
After hitting a new all-time high, total Take advantage The volume dropped about $ 1 billion. Interestingly, this quantity is less than half when BTC reached initially $ 100,000 Last December, which was $ 2.1 billion. Glasanod mentioned that the profit was very high despite the higher price.
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