Glassnode said that historically, Bitcoin has experienced exponential growth during bull cycles, but each cycle has also experienced multiple sharp declines, with the current cycle experiencing:
Eight declines between 5% and 20%.
- Two retracements between 20% and 30%.
Glassnode: The current Bitcoin cycle has experienced two retracements between 20% and 30%
2024-07-26 13:29:23
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