Is Bitcoin Price Breaking The Cycle Theory? Analyst Weighs In
The Bitcoin price is believed to have always moved in a cyclical pattern — defined by distinct periods of upward, sideways, and downward movements — since its creation. However, this cycle theory appears to be under threat, with the premier cryptocurrency seemingly moving against the trend. CryptoQuant founder Ki Young Ju, who had proclaimed that […]
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The “Bitcoin cycle theory is dead” is one narrative that has gained increased traction as the year has gone on, especially with the premier cryptocurrency setting multiple all-time highs since April. This hypothesis is based on the shift in the market dynamics and the entry of a new group of investors. Since the launch of […]