bullish

Cryptocurrency

Bitcoin

Gains

Coin

<ul class="wp-block-list news-points">
 <li><strong>Bitcoin’s current cycle resembles the 2013 and 2020 double-peak pattern.</strong></li>
 <li><strong>Analysts predict another strong upward movement, potentially by 2025.</strong></li>
 <li><strong>South Korea’s FSC considers allowing Bitcoin ETFs, signaling regulatory support for crypto.</strong></li>
</ul>
<p>Bitcoin’s current bull cycle could bring big gains, as long-term holders anticipate a double peak similar to what we saw in 2013 and 2020.</p>
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   <p lang="en" dir="ltr">Cryptocurrency bull cycle still in progress<br><br>“It may take several months or more than a year for liquidity to be sufficiently supplied to the market, but in the investment market, prices move first due to the expectations of market participants, so even if we make a rough… <a href="https://t.co/5LTMzuQywE" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/5LTMzuQywE</a></p>— CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1844652821943136705?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 11, 2024</a>
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<p>CryptoQuant’s latest analysis shows that Bitcoin’s price has been following historical patterns, with cycles often featuring two distinct bullish phases. Looking at past trends from 2013 and 2020, the data platform observed that long-term holders scored big profits twice, reaching peaks in both phases of those cycles.</p>
<p>Given the current macroeconomic conditions and the Federal Reserve’s cautious approach to inflation, market experts t…</p>
<p>The post <a href="https://coinedition.com/bitcoin-bull-cycle-double-peak-pattern-suggests-further-gains/" rel="noopener noreferrer nofollow">Bitcoin Bull Cycle: Double Peak Pattern Suggests Further Gains</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Bitcoin Bull Cycle: Double Peak Pattern Suggests Further Gains

Coin Edition

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