The second metric we can monitor is the price distance between the halving and cycle top.



As you can see, considering the last two halving events, we went from 3000% to 600%. That's pretty normal due to the increase in market cap of $BTC.

Here we can extrapolate an important
IN31.64%
BTC0.44%
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GasFeeCriervip
· 1h ago
fell again and couldn't rise
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BlockchainBouncervip
· 08-07 13:31
It's quite normal to fall from a high place.
View OriginalReply0
LiquidatedDreamsvip
· 08-07 13:30
bullish干啥 早晚drop to zero
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SnapshotDayLaborervip
· 08-07 13:30
The data looks just right.
View OriginalReply0
BTCRetirementFundvip
· 08-07 13:23
Bull and bear oscillate, still on BTC.
View OriginalReply0
SerumSurfervip
· 08-07 13:23
If you can hit 300%, you'll be secretly smiling.
View OriginalReply0
OnchainHolmesvip
· 08-07 13:16
Periodic patterns are definitely inevitable.
View OriginalReply0
ChainChefvip
· 08-07 13:12
mmm smells like diminishing returns are cooking in the btc kitchen
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