Why This Rally Might Be Different
Bitcoin’s historical performance in late summer and early fall has often been lackluster, but this year things could be different. Key market fundamentals, including the approval of the Bitcoin Spot ETF and post-halving dynamics, are setting a potentially stronger foundation for a serious rally than in previous cycles.
The parabolic pattern that appears to be forming now is would also be a significant divergence from Bitcoin’s typical behavior during this period, indicating that the rally could be more powerful and long-lasting than in the past.
If these factors align, we could see Bitcoin not only surpass its all-time highs but also create new ones, potentially outpacing previous cycles in both speed and scale.