Mauer_Trader
--
Why this Bitcoin cycle is completely different from the previous ones?
For years, the market has learned to treat Bitcoin cycles as something almost predictable.
Halving, acceleration, euphoria, peak.
But this cycle broke that logic - and it wasn't in the price, it was in the structure.
Not only has the price behavior changed; the mechanics of the market have changed. The flow has changed, the dominant agent has changed, the macro has changed. Therefore, analyzing 2025 through the lenses of 2017 or 2021 can lead to dangerous conclusions.
In this article, I explain why this cycle is structurally different, which variables have changed, and why, in my view, the true historical maximum has still not been reached.
Halving, acceleration, euphoria, peak.
But this cycle broke that logic - and it wasn't in the price, it was in the structure.
Not only has the price behavior changed; the mechanics of the market have changed. The flow has changed, the dominant agent has changed, the macro has changed. Therefore, analyzing 2025 through the lenses of 2017 or 2021 can lead to dangerous conclusions.
In this article, I explain why this cycle is structurally different, which variables have changed, and why, in my view, the true historical maximum has still not been reached.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
250
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number