"This is the worst Bitcoin cycle ever!"
Not so fast!
In 2016, 20,200 blocks after the halving, Bitcoin was barely holding on at red-line support. That cycle was far more challenging than what we’re seeing today.
In 2020, 20,200 blocks post-halving, Bitcoin found itself wedged between the green-line (linear regression) and red-line support—exactly where we are now.
Fast forward to 2024, and here we are again, 20,200 blocks after the halving, with Bitcoin positioned right between the green-line and red-line support, just like 2020.
Conclusion: This is not the worst cycle—it's part of Bitcoin’s historical pattern. Keep your eyes on these trendlines and let the data tell the story.