Michele Cesari
π—ͺ𝗡𝗲𝗿𝗲 𝗔𝗿𝗲 π—ͺ𝗲 𝗢𝗻 π˜π—΅π—² π—–π—Ώπ˜†π—½π˜π—Ό π—–π˜†π—°π—Ήπ—²? As of mid-2025, Bitcoin appears to be in the later stages of its current cycle, which typically lasts around four years. We’re now about 930–950 days past the last major low in 2022. Historically, this part of the cycle often leads up to the next major price peakβ€”possibly in the coming months. A useful on-chain indicator called the MVRV Z‑Score suggests there is still room for growth. This metric compares Bitcoin’s current price to what investors originally paid for their coins. When the score rises, it often reflects growing investor enthusiasmβ€”but it also helps spot when the market might be overheating. Currently, it signals we're entering the emotional, high-momentum phase of the cycle. Several factors are supporting this trend: - Strong institutional interest, with billions flowing into Bitcoin through ETFs. - Favorable macro conditions, including lower inflation and potential interest rate cuts. - Greater market maturity, with less extreme volatility compared to past cycles. Still, there are risks. Without fresh news or catalysts, prices could temporarily coolβ€”especially during the summer. In summary: Bitcoin seems to be in a healthy consolidation phase, possibly building toward the final stage of this market cycle. $BTC $ETH $XRP $SOL $ADA
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