Bitcoin’s 2025 Cycle Shows Strong Correlation with 2017 Bull Run
- Bitcoin reached a high of $109K on January 20, 2025, but has since declined.
- The asset remains above the $70K mark, indicating strong consolidation.
- Current Bitcoin cycle shows a 91% correlation with the 2017 cycle.
- MVRV score is at 1.83, down from 3.1 in January, suggesting accumulation by investors.
- BTC Bull Token presale raised nearly $4M in less than a month at $0.00242 per token.
Despite recent declines, Bitcoin maintains a strong correlation with its past bull cycle and remains in consolidation above $70K, encouraging investor accumulation.
Source (2.6)https://www.newsbtc.com/news/top-crypto-to-buy-as-current-bitcoin-bull-cycle-mirrors-2017s-bull-run-time-for-another-rally/?rand=52377
