Bitcoin News: Bitcoin’s 4-Year Cycle May Still Be Alive, Says Glassnode

Despite some market predictions that Bitcoin’s historic four-year halving cycle is fading due to rising institutional interest, on-chain analytics firm Glassnode reports that Bitcoin’s current price action still “echoes prior patterns” and appears to be tracking its typical cycle. Key Insights from GlassnodeBitcoin’s price movements continue to reflect its traditional four-year halving cycle. Profit-taking among long-term holders (holding BTC for over 155 days) is comparable to previous euphoric phases, indicating the market may be in a late cycle stage. Capital inflows into Bitcoin are showing signs of fatigue, with spot Bitcoin ETFs experiencing outflows of approximately $975 million over the past four trading days source: https://www.binance.com/en/square/post/28633609126513?utm_source=BinanceNewsRSS