“This is the worst Bitcoin cycle ever!” Not necessarily!
In 2016, 20,200 blocks after the Bitcoin halving, Bitcoin was struggling near a critical support level, a situation more challenging than today’s conditions.
In 2020, 20,200 blocks post-halving, Bitcoin was situated between the green-line (linear regression) and the red-line support, mirroring our current position.
Now, in 2024, Bitcoin is again between the green-line linear regression and the red-line support, just as it was in 2020.
So, this cycle isn’t the worst—it follows a historical pattern. Watch these trendlines and let the data guide you.$BTC @dappOS_com
#BTC☀ #CryptoMarketMoves #CryptoCycle2024 #cryptopm #bullrun202 4📈📈