Tags : Cycle

Market

Bitcoin dominance cycle suggests the 2017 crypto rally could repeat

For the purposes of historical comparison, it’s also worth noting that the pattern of the dominance chart currently looks much like it did during the earlier part of 2017. As the markets have gone into meltdown since May 12, Bitcoin (BTC) dominance has fluctuated dramatically, bucking 2021’s prevailing trend. Before the sell-off started in earnest, […]Read More

Market

Investors’ on-chain activity hints at Bitcoin price cycle top above

After breaking out of the two-months ascending triangle, the price of Bitcoin (BTC) is firmly staying above $60,000. Current on-chain volume suggests investors are still strongly buying Bitcoin at current price levels. Furthermore, the current price is not even close to a short-term price top when comparing to historic network valuation multiples. BTC price bull […]Read More

Bitcoin

Bitcoin Cycle “Nowhere Near The Top”

Bitcoin price still can’t crack back above $60,000 and prices are slowly moving downward. And while the creator of the popular stock-to-flow model agrees there’s no avoiding regular corrections in the leading cryptocurrency, the top of the current cycle is “nowhere near.” Here’s a closer look at why the model’s creator is so confident in […]Read More

Bitcoin

Why crypto might grow like the early 2000s tech stocks:

Developed by research company Gartner to represent the adoption of new media, hype cycles have been used since the 1990s to quantify and predict the performance of groundbreaking new technologies. With the Gartner Hype Cycle perfectly describing the ups and downs the dot-com boom saw in the early 2000s, many have wondered whether applying the […]Read More

Bitcoin

Binance CEO: We’re in the early stages of a multi-year

Binance CEO Changpeng Zhao (CZ) predicts this current crypto bull cycle may run up until 2024. Speaking to Ran Neuner, the co-founder of On-Chain Capital, Zhao shared his predictions for the future, including a call that several bull years lay ahead. CZ said: “We’re just seeing the flat part of the wave. The big wave […]Read More