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nasrah
nasrah
Is #Bitcoin’s four-year cycle dead? Realized cap grew by $737B this cycle, exceeding the previous three cycles combined #BTC’s 34% drawdown came with a relatively small realized-cap decline Market froth is lower, with short-term moved coins’ share falling to 21% Companies added 268K #BTC in a year, while ETFs still hold around 1.3M #BTC The takeaway: #Bitcoin’s market structure is maturing, but improving sentiment signals recovery — not yet a confirmed uptrend

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