📰#bitcoin : The cycle is shortening and the changes from ETF funds

Historical data shows that the time for Bitcoin to reach new all-time highs (ATH) is decreasing with each cycle:

- Cycle 2017: It took 1180 days to reach a new peak.

- Cycle 2021: It took 1093 days.

- Current cycle: Expected to be only 849 days left.

The approval of Bitcoin ETFs at the beginning of 2024 has broken the old rules, causing prices to reach new peaks even before the halving event occurs. Although Halving is no longer the only price-driving force, it still plays an important role in reducing selling pressure from miners and curbing asset inflation.

👉 The market is maturing, reducing extreme cyclical behavior and prioritizing long-term accumulation investors over short-term speculators.

BTCUSDT

Perp

68,086.9

+0.57%