Analysis: Bitcoin is currently in the fourth cycle, and its current position indicates the risk of overheating in the short term
2024-04-17 02:48:06
According to the analysis of Guojin Securities, according to historical data, Bitcoin is currently in the fourth round of the cycle, and it is still judged that it is still in the early stage of this round of the market. By March 2024, Bitcoin has recorded its seventh consecutive month of growth, which has exceeded the 6-month consecutive months of the bull market from 2020 to 2021. In history, only the number of consecutive months from March 2012 to September reached 7 months. The current position indicates the risk of short-term overheating of the currency price.
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