title: Bitcoin's current trajectory mirrors midpoint of 2015-2018 cycle, suggesting ongoing growth: Glassnode

The Block wrote an interesting article making the case Bitcoin is closely following what I call the ‘2017 cycle’ and they call it the “2015-2018”

Purple = 2018 to 2025

The takeaway is that, by this measure, Bitcoin is still in the early stages of a bull market. This aligns with my own analysis and observations, leading me to believe there’s still plenty of room for further appreciation in the coming months.

Huge Opportunity For Bitcoin Traders Is Coming!

Everyone in crypto is waiting for the next bull market to begin, and I believe it will start with a bang. Here’s what I’m watching for.

The last bull market began in late-2023, and it was largely driven by retail traders piling into Bitcoin and other cryptocurrencies. This time around, I expect institutions to play a much bigger role in the rally.

In fact, I believe that institutions are already starting to accumulate Bitcoin in anticipation of the next bull market. This is evident in the recent on-chain data, which shows that large amounts of Bitcoin are being moved off of exchanges and into cold storage.

This type of activity typically occurs during bear markets, as traders and investors move their coins to safer wallets. However, the exchange outflows have remained strong throughout this year, despite Bitcoin’s impressive gains.

This suggests that institutions are buying up Bitcoin on exchanges and quickly moving it to their own wallets, a strategy that would allow them to avoid paying exchange fees on large sums of money.

If my theory is correct, then we could see a huge opportunity for Bitcoin traders in the coming months. As institutions continue to accumulate Bitcoin, it will eventually drive up the price, which could lead to a self-fulfilling cycle of buying and price appreciation.

This would be a dream scenario for Bitcoin traders, as it would provide them with the opportunity to make large profits in a short amount of time. Of course, there is no guarantee that this will happen, but it’s definitely something to keep an eye on.output: Welcome to The Wolf Den! This is where I share the news, my ideas about the market, technical analysis, education and my random musings. The newsletter is released every weekday and is completely FREE. Subscribe!Today’s Newsletter Is Made Possible By Aptos!

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In This Issue:

The Crypto Executive Order

The Crypto Executive Order

Aptos Review

Bitcoin Thoughts And Analysis

Altcoin Charts

Legacy Markets

The SEC Rescinds SAB121

Etherealize Will Reshape Ethereum

The Current Cycle Closely Mirrors 2017

Huge Opportunity For Bitcoin Traders Is Coming!The Crypto Executive Order

Huge Opportunity For Bitcoin Traders Is Coming!The Crypto Executive Order

How many times have you watched a movie and, as the credits roll, you’re left thinking, "What the hell did I just watch?" Your options? Endure a detailed explanation from your wife or friend (less fun), or dive into the internet for a theory that conveniently matches your fuzzy understanding of the plot (much better).

Well, yesterday’s X timeline was exactly that—a cinematic masterpiece of chaos. So, grab your popcorn and soda because we’re about to relive the drama, fill in the gaps, and make sense of it all.

Cue the opening credits: Cynthia Lummis pumps Bitcoin.

The assumption? The announcement of a strategic bitcoin reserve. Anything short of that would be a letdown with this much hype.

Scene 1: The Stage Is Set – An Important Vote Announced

Not a strategic reserve. A letdown.

Bitcoin teleported up +$3,000 leading up to 10 AM EST, but when 10 AM EST passed and nothing happened, it fell back down. Perhaps something was actually supposed to happen at 10 AM MST, which is 12 PM EST.

Scene 2: Everyone is confused about time zones.

Scene 3: Meanwhile, this bombshell hits the timeline…

Scene 4: At 10:44 a.m. EST, Senator Cynthia Lummis was officially voted in as the Committee Chair of a historic panel focused entirely on digital assets.

Scene 5: In response to the news, CZ shared the following.

Scene 6: Less than an hour after all this unfolded, Trump finally mentioned crypto for the first time since taking office. He didn’t say “Bitcoin,” but the timeline went absolutely bananas.

Scene 7: His quote was, "The U.S. will be the world capital of artificial intelligence and crypto.”

Scene 8: Senator Cynthia Lummis chimed in with more commentary, adding fuel to the already blazing timeline.

Scene 9: Bitcoin Magazine starts playing Cynthia Lummis'