Looking at the development of Bitcoin from a long-term weekly perspective, we can clearly feel its increasing size and accelerating pace.
Although the overall rise in each bull market has gradually slowed down, there will always be a wave of sharp rises in the final stage.
The capital structure is also different in the peak stage of each bull market. At first, there were a few awakeners, followed by more and more retail investors, and then the entry of local wealthy people and institutions.
In the current round, traditional funds began to pour in, for example, pension funds in several states in the United States have recently begun to intervene, which is regarded as an important signal.
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