Analysis: The Cyclical Uptrend Pattern of Bitcoin Remains Intact, Unshaken by Market Cap Growth

BlockBeats reported on June 15 that glassnode published an analysis indicating that, although Bitcoin's current market capitalization is significantly higher than in the past, the performance in this cycle is not substantially different compared to previous cycles:

· 2015–2018: Increased by 1076%;

· 2018–2022: Increased by 1007%;

· 2022 to present: Increased by 656%.

This suggests that the growing demand for Bitcoin is keeping pace with its increasing level of maturity—an impressive signal of sustained investor interest.