In the past decade, BTC has been

When did it reach its peak?

163 days after the BTC mining output was halved in 2016, long-term holders of the chain started a bull market and a large distribution of 20 years#BTCmining output was halved 163 days after the chain long-term holders of the chain started a bull market and a large distribution of 20 years

It has been 133 days since the halving of BTC mining output in 24 years. The indicator in the figure is the percentage of the number of chips held by long-term holders on the chain. The red line is the <13-17 years> segment of the indicator; the blue line is the <17-21 years> segment of the indicator; the black line is the <21 years-to-now> segment of the indicator. The three lines align the halving days of BTC mining output in their respective cycles.

Note: The long-term coin holders on the chain refer to BTC that has not been moved on the chain for more than 155 days (the time is calculated from the last movement of BTC on the chain).

16-year halving day & 20-year halving day & 24-year halving day

163 days

133 days

70% 163 days

In 2015, the green column appeared at the end of the bear market and the beginning of the bull market, and it reached the bull peak 2 years and 50 days later; in 2019, the green column appeared at the end of the bear market and the beginning of the bull market, and it reached the bull peak 2 years and 05 days later; in 2023, the green column appeared at the end of the bear market and the beginning of the bull market, and it has been 1 year and 94 days now

In 2015, the green column appeared at the end of the bear market and the beginning of the bull market, and it reached the bull peak 2 years and 50 days later; in 2019, the green column appeared at the end of the bear market and the beginning of the bull market, and it reached the bull peak 2 years and 05 days later; in 2023, the green column appeared at the end of the bear market and the beginning of the bull market, and it has been 1 year and 94 days now

2 years and 50 days 19 years 2 years and 5 days 23 years End of bear market and beginning of bull market 1 year and 94 days

BTC funding rate historical chart and lending rate historical chart:

BTC Funding Rate History

Binance USDT Margin Loan Annual Interest Rate Historical Chart

I mentioned this data in my previous article. When BTC reached 73,000, I also specifically pointed out the annualized return of the funding rate.

When it reaches over 50%, the whole market will go crazy and what we need to do is to calm down.

At the same time, you can check that when the funding rate is very high, the entire market will definitely pull back, especially when the funding rate of the contract reaches more than 80% annualized. Do not hesitate to close your long positions immediately. Don't ask why. Just look at the funding rate history of the past 4 years and you will know.

I have mentioned this data in my previous article. When BTC reached 73,000, I also specifically pointed out that when the annualized return of the funding rate reaches more than 50%, the entire market will be crazy, and what we need to do is to calm down.

At the same time, you can check that when the funding rate is very high, the entire market will definitely pull back, especially when the contract funding rate reaches an annualized rate of more than 80%. Do not hesitate to close your long positions immediately. Do not ask why. Just look at the funding rate history of the past 4 years and you will know.