【 $BTC four-year cycle total cut series 72】 In July 2012,

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【 $BTC four-year cycle total cut series 72】

In July 2012, the blue line turns: after 1.2 months, it reaches the bull market recovery top
In November 2015, the blue line turns: after 1.5 months, it reaches the bull market recovery top
In May 2019, the blue line turns: after 1.4 months, it reaches the bull market recovery top
In June 2023, the blue line turns: after 1.0 month, it reaches the bull market recovery top

┌── Indicator Details ──┐

Black line: Bitcoin circulating market cap
Blue line: On-chain long-term holders' total coin holdings market cap 365-day MA

CryptoChan 熊猫

【 $BTC four-year cycle total mark series 71】

2012.06 broke through the orange line: 70 days later, reached the peak of the bull market recovery period
2015.10 broke through the orange line: 60 days later, reached the peak of the bull market recovery period
2019.05 broke through the orange line: 54 days later, reached the peak of the bull market recovery period
2023.03 broke through the orange line: 31 days later, reached the secondary peak of the bull market recovery period
2026.09 broke through the orange line: 3 days have passed

┌ Indicator Details ┐

Black line: Bitcoin circulating market value
Orange line: Bitcoin circulating market value 365-day moving average

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