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📊 Bitcoin
What does the annual chart tell us?
The annual price chart of Bitcoin (YoY) is one of the clearest indicators of where we are in the market cycle.
It shows the amount of change in the price of BTC compared to the same date one year ago.
🟢 Annual > 0% = Bitcoin Bitcoin higher than the same date last year
🔴 Annual < 0% =
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Bitcoin
Trading is down compared to last year.
What we see now:
— The annual change is positive, but not excessive.
— Similar levels have historically occurred before significant price increases (2016, 2020)
— Peak values (+1000% and above) are consistent with the local peaks (2017, 2021)
💡 Fast Meal:
The market has returned to positive territory compared to last year - but it is far from euphoria.
This could be the beginning of a new wave, not just an end.
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GateUser-954f2c4fvip
· 05-15 22:54
Steadfast HODL💎
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