This Bitcoin Bull Cycle Looks Nothing Like 2017 or 2021 — TradingView News
Bitcoin’s price continues to show signs of consolidation following its all-time high of over $111,000 recorded in May. At the time of writing, the asset is trading at $104,851, down 0.3% in the past 24 hours and roughly 6.3% below its recent peak.
This period of relative price stability comes amid cautious sentiment across the broader crypto market, as analysts examine whether the current bull cycle is beginning to shift gears or simply experiencing a temporary pause.
CryptoQuant contributor Crypto Dan has released a comparative analysis of current and past market cycles, noting several distinct behaviors in Bitcoin’s recent price action.
Drawing parallels to the bull runs of 2017 and 2021, Dan suggests that while similarities exist,…
