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>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <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>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<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

Other articles published on Oct 11, 2024

Is It Too Late To Buy SILLY? Silly Dragon Price Soars 33% And This Might Be The Next Crypto To Ex...

Chris Larsen Donates $1M XRP to Kamala Harris

MicroStrategy's net asset value premium hit 2.5 times it's bitcoin holdings

Coinbase to Delist Non-Compliant Stablecoins in EU by December

Binance Launches Trading Bots for 3 New Altcoin Pairs!

Ratan Tata, Sosok di Balik Transformasi Blockchain Tata Group, Tutup Usia

Join our free newsletter for daily crypto updates!