“THIS IS THE WORST #BITCOIN CYCLE EVER!” 😭

NOPE!

• In 2016, 20,200 ₿itcoin ₿locks after the halving, ₿itcoin was struggling near the red-line floor/support. This was a worse scenario.

• In 2020, 20,200 ₿itcoin ₿locks after the halving, ₿itcoin was between green-line linear-regression and red-line floor/support. Same as today.

• Today, in 2024, 20,200 ₿itcoin ₿locks after the halving, just like in 2020, ₿itcoin is between green-line linear-regression and red-line floor/support.

By John Osterman