【 $BTC four-year cycle series 82】
Before the 2012 halving: the orange line reached a peak of 2.6 (corresponding to the bull market top)
Before the 2016 halving: the orange line reached a peak of 2.4 (corresponding to the bull market top)
Before the 2020 halving: the orange line reached a peak of 2.5 (corresponding to the bull market top)
Before the 2024 halving: the orange line reached a peak of 2.4 (corresponding to the bull market top)
┌─ 🐼 Indicator Details ─┐
Black line: Bitcoin price
Orange line: ratio of the daily mining output value (USD) to its 365-day average
Before the 2012 halving: the orange line reached a peak of 2.6 (corresponding to the bull market top)
Before the 2016 halving: the orange line reached a peak of 2.4 (corresponding to the bull market top)
Before the 2020 halving: the orange line reached a peak of 2.5 (corresponding to the bull market top)
Before the 2024 halving: the orange line reached a peak of 2.4 (corresponding to the bull market top)
┌─ 🐼 Indicator Details ─┐
Black line: Bitcoin price
Orange line: ratio of the daily mining output value (USD) to its 365-day average
