With Bitcoin having now spent multiple weeks in a downtrend, investors are wondering if this cycle is still comparable to the 2017 BTC bull cycle!

Here we’ll look at the data to see how this cycle now compares, and what we can expect next for Bitcoin…

We discuss all this and more here!

Stay ahead of the trend. Go PRO with Bitcoin Magazine Pro!

Gain access to Bitcoin live charts, in-depth newsletters, indicator alerts, private TradingView scripts, and more – all for a fraction of the standard industry price:
https://www.bitcoinmagazinepro.com/

Follow us at:
X: https://x.com/BitcoinMagPro
LinkedIn: https://www.linkedin.com/showcase/bitcoin-magazine-pro

Disclaimer:
Nothing within this video should be misconstrued as financial advice. The information provided is for educational purposes only. You are responsible for your own investment decisions.

Bitcoin #BitcoinPrice #bitcoinnews

0:00 – Bitcoin’s Current Downtrend
0:56 – Comparing BTC Cycles: 2017 Focus
3:13 – Price Action and Data Correlations
5:20 – Introducing a Lag in Cycle Analysis
7:16 – Visualizing the 2017 Delayed Correlation
9:07 – Implications for Future BTC Price Action
10:03 – Final Thoughts