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Details 👉 https://www.gate.com/post/status/13217654
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Bitcoin Market Cycle: Is the euphoria still far away?
Bitcoin (BTC) continues to consolidate above $100,000, but its actual market capitalization indicates that the market still has a long way to go before entering an exciting price increase phase. Despite reaching $104,576 after recovering from the drop below $100,000 last week, the slow growth in BTC's actual market capitalization is lagging behind compared to previous cycles. This gradual increase is more in line with the early stages of previous market cycles rather than the parabolic phase usually associated with market peaks. V