Why Bitcoin’s Four-Year Cycle Is Not ‘Yet’ Dead

BITCOIN BY EPOCH

Source: Bloomberg. ByteTree Bitcoin since 2010.
  • Epoch 2: 9,106%
  • Epoch 3: 2,782%
  • Epoch 4: 667%
Source: ByteTree Terminal. Bitcoin fund inflows less miner selling (30-day cumulative) since April 2019.

BITCOIN IS BEATING SOCIAL MEDIA STOCKS

Source: Bloomberg. Bitcoin relative to social media stocks since 2017.

SUMMARY

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