$BTC Siklus terkenal empat tahun Bitcoin belum muncul pada pasar beruang ini, kata firma analitik on-chain Glassnode di X. Where the three previous cycles each saw a decline more than twice as deep as the retracement of around 30% from the current all-time high, the drop in this cycle is instead staying shallow — and with prices recovering to around $84,600, Glassnode believes a correction in the style of the past is becoming less and less likely.
This Cycle’s Decline Is Less Than Half of Historic Bear Markets
Glassnode data shows that the declines in each of the last three cycles exceeded more than double the decline of about 30% seen in the current cycle — historically, Bitcoin bear markets in 2015, 2018, and 2022 erased roughly 77% to 85% of value from peak to trough (general market history, not from Glassnode posts). According to the four-year calendar template, there are still a few weeks left before the cycle reaches its lowest point; however, instead of that happening, Bitcoin has already reclaimed the $80,000–$82,000 supply range, the 50-week SMA at $81,081, and even surged as high as $87,300 this week before then pulling back and settling within the long-term holder zone of $83,000–$86,000.
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