Countdown to BTC bull market? Comparison of Chuanpu's ascension cycle, bull peak may be in 252 days!

On-chain analysis once again provides strong clues for the market! The red line in the figure shows the price trend after the Bitcoin halving in 2016 , and the black line shows the current price after the halving in 2024 . Comparison shows that after Chuanpu was elected in 2016, the Bitcoin price hit a historical high on the 252nd day after the halving, ushering in the bull market peak.

 

The current market sentiment is strikingly similar to historical trends.

 

There is still significant uncertainty in the market, but based on historical patterns, the current situation may be an important node in the second half of the bull market layout. Investors need to be vigilant about short-term fluctuations and explore long-term potential opportunities. It is worth closely monitoring the changes in on-chain data and market sentiment for future development!