How close is the current “Bitcoin cycle” to its bull market peak? History suggests it could be closer than most think.
Bitcoin is in a very similar position today: roughly 35 months after peaking in April 2021, the asset has rebounded to a high of $74,000 in March 2024. It even experienced alast week as long-term holders took money off the table, reminiscent of 20% to 30% price pullbacks in prior cycles.
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