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2024 BTC cycle significantly lagging behind past halvings, according to analyst

Historical Trends Since 2017 Indicate Bitcoin Price Drop to $35,000

Current Bitcoin Market Cycle Weaker Than Previous Ones The present Bitcoin (BTC) market cycle is “dramatically” weaker than the earlier three cycles, as indicated by Alex Thorne, head of firmwide research at investment firm Galaxy. Thorne analyzed price trends following the April 2024 Bitcoin halving, comparing them to cycles from 2012, 2016, and 2020. This […]