Bitcoin reached a peak of $126,230 on October 6 and has been in a downward trend for 159 days since then. For most holders, this period seems incredibly long, but historical data shows that such corrections are not uncommon.
The cycles are shortening, but 2025 Breaks the Rules
Data indicates that the time intervals between Bitcoin's historical peaks are gradually shortening. However, 2025 presents a different scenario: it produced a new all-time high before the halving, rather than after.
His perspective on the halving is noteworthy.
He believes that the halving remains important, but its long-term impact lies in reducing the selling pressure from miners, rather than being the trigger for price changes as most people think.
Bitcoin ETF inflows reached $767 million in just five days, but why hasn't the Bitcoin price fluctuated accordingly?
Potentially More Important Rule Changes than ETFs
As discussions about on-chain cycles unfold, regulatory changes brewing in Washington are worth our close attention, according to Nic, CEO of Coinbureau.
Spot ETFs changed the cycle in 2024. If the Basel Accord changes, banks could become the next structural catalyst. Given that this correction has already lasted 159 days, timing becomes particularly crucial.
Currently, Bitcoin is trading at $70,689, down 2.37% on the day.