Glassnode: The current Bitcoin cycle has experienced two pullbacks of 20%-30%

2024-07-26 21:35:17
Collection

ChainCatcher message, Glassnode stated on social media that historically, Bitcoin has shown exponential growth during bull market cycles, but each cycle has also experienced multiple significant declines. The current cycle has seen:

  • Eight declines between 5%-20%;
  • Two pullbacks between 20%-30%.
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