Does the end of the shutdown equal a market rebound? A comprehensive analysis of the performance of US stocks, gold, and | Bee Network
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Original translation: BitpushNews Cryptocurrency adoption cycles typically consist of a three-year period of growth expansion, followed by a bear market lasting about a year. If calculated from the BTC price low in November 2022, the current expansion period has lasted 1,044 days. For reference, the 2021 cycle expansion lasted 1,063 days, and the 2017 cycle was 1,065 days. By this measure, we are clearly in the “late cycle” of the current expansion phase. But how do the current data and key indicators compare to those in September 2021? We will answer this question in this report. Disclaimer: The views expressed in this article are the author’s personal views and should not be used as investment advice. Realized profit and holding time destruction indicators Realized profit According to Glassnode data, BTC…# Analysis# bitcoin# crypto# Market# ToolPre
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- At 5:00 AM Beijing time on November 13, a government shutdown crisis that lasted 43 days and set a record in US history was about to come to an end. The U.S. House of Representatives passed a temp...