Analyzing The Current Bitcoin Market Cycle
Looking at different metrics can help determine bitcoin’s place in the traditional market cycle and how macroeconomics can impact the bitcoin price.Watch This Episode On YouTube or RumbleListen To The Episode Here:AppleSpotifyGoogleLibsynOvercastIn this episode of the “Fed Watch” podcast, Christian and I sit down with Dylan LeClair, head of market research at Bitcoin Magazine Pro. Each week, he and Sam Rule write near-daily updates for subscribers, and once a month they release a large Bitcoin market report. Bitcoin Magazine Pro’s “May 2022 Report” is what we are covering for the most part....
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Analyzing seven key on-chain indicators can give us major hints as to when the bitcoin price is at the top or bottom of the current market cycle.
A quant has pointed out parallels between the current and the 2017 Bitcoin cycles, something that may contain hints about what’s next for the asset. The Current Bitcoin Cycle Has Shown Interesting Parallels With The 2017 Cycle As explained by an analyst in a CryptoQuant post, there have been five interesting recent events in the current cycle that are similar to what was seen in the 2017 cycle. The 2017 cycle hit its top in December of that year, while the current cycle hit its top back in November of 2021. The entirety of these cycles isn’t relevant in the context of the....
Here’s how the current Bitcoin price compares against the previous cycles when they were at similar phases in their lifespan. Current Bitcoin Cycle Appears To Line Up With Previous Ones In a new post on X, the community manager at CryptoQuant Netherlands, Maartunn, discussed how the current cycle lines up against the last two cycles. […]
With bitcoin rallying, all the focus has been on predicting where the price of the asset will be by the end of the year. The digital asset is undoubtedly going to enter a period where various crashes will send the price down, popularly known as a bear market. Not a lot of attention has been paid to where the price of the asset might bottom out when the market inevitably goes into another bear market. This usually long stretch of low momentum has seen bitcoin lose 94%, 87%, and 84% of its peak value respectively in the last three bear markets. One recurring theme of the bear markets has....
Bitcoin price is now below $50,000 for the first time in a month, and despite the still-high prices the market is in a panic. There’s now widespread fear that the current market cycle has peaked and things will soon fall back into a bear phase. At the same time, there’s a looming bubble about to […]