💰 In 2024, Bitcoin broke the 61.8% level for the first time without any major corrections.
I last 2 cycles, the 61.8% level was breached around 6 months after halving and about 2 months after halving in 1st cycle.
However, this time in 2024, the market broke the 61.8% level two months prior to the halving.
This suggests a deviation from the typical four-year cycle, indicating that the current cycle might be shorter and more rapid.