Dilution-proof, June 1, 2021

Cycling On-Chain is a monthly series that uses on-chain and price-related data to estimate where we are in bitcoin’s market cycle. It originally started as a monthly Twitter thread that was later adopted by Bitcoin Magazine. In this first edition of Cycling On-Chain, we’ll look back at the first leg up in the 2020–2021 bull run and the circumstances that turned out to be fertile soil for a firm downward correction that brought fear into the market. The second part will attempt to look forward by building a case for why we may not have seen the top of this market cycle, as well as some of its vulnerabilities.



Source link

 


RELATED PRODUCTS
Ads by MyCBGenie 
 
Outbreak Manual

LEAVE A REPLY

Please enter your comment!
Please enter your name here