🔥The annual chart of #Bitcoin shows Bitcoin's cyclical price trend this year, compared to the last 5 and 10 years of price. The dotted red line represents the price movement this year, the blue line is the average of the past 5 years, and the solid red line is the average of the past 10 years.
As can be seen, Bitcoin price is currently near the bottom of the annual cycle, significantly lower than the average of previous years. However, history shows that around June-July every year, Bitcoin price usually begins to recover and increase again.
This suggests that Bitcoin's next bull run "might" be around the corner. With prices currently low, the prospect of recovery in the coming months is high if the cyclical price trend is maintained.
