Bitcoin Cycles Mirror Past Patterns: Are We On The Verge of a Major Move?

TL;DR Bitcoin has reached a new technical high of $66,000, marking a significant change in its recovery, supported by record on-chain metrics. The similarities in BTC’s performance with previous cycles suggest a comparable pattern, despite differing market conditions. The profitability of short-term holders has improved, and 47.4% of the BTC in loss belongs to long-term ... source: https://crypto-economy.com/bitcoin-cycles-mirror-past-patterns-are-we-on-the-verge-of-a-major-move/