$BTC Cycle Mirrors 2017 Pattern With Potential Extension to Q2 2026


$BTC's current market cycle shows "spookily similar" patterns to 2017's steady uptrend, according to Real Vision CEO Raoul Pal.


#Bitcoin started 2017 at $1,044, reached $2,187 by May, and closed the year at $14,156 for a 1,255% annual increase.


Macroeconomic data suggests the current crypto cycle could extend into Q2 2026 based on business cycle scoring.


The weakening U.S. Dollar Index, down 8.99% since Jan. 1, supports an extended crypto cycle timeline.


$BTC and the dollar maintain an inverse correlation, making Bitcoin more attractive as the dollar weakens.


Current market conditions may resemble 2020 more than 2021, suggesting an earlier growth phase than anticipated.


Middle East Sovereign Wealth Funds show bullish crypto outlooks with a focus on AI and #blockchain infrastructure development.

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June 23, 2025 at 12:07 AM
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