【 $BTC four-year cycle total engraving series 75】

September 2015: Purple column reaches the top — 2.6 months later, the peak of the bull market recovery phase
April 2019: Purple column reaches the top — 2.9 months later, the peak of the bull market recovery phase
January 2023: Purple column reaches the top — 2.9 months later, the secondary peak of the bull market recovery phase
August 2026: Purple column reaches the top — 1.2 months have passed since then

┌── 🐼 Indicator Details ──┐

Orange line: Bitcoin total cost market cap
Purple column: Percentage drawdown of the orange line compared with the previous high