According to the latest on-chain data, currently about one-third of Bitcoin holders are in a state of unrealized loss. Interestingly, the last time we saw such a situation was in October 2023, when Bitcoin was only around $26,000.
This has led many to consider a question—can Bitcoin break the cyclical pattern of roughly four years? It’s worth noting that gold has maintained a long-term upward trend for over 20 years. As a digital asset, does Bitcoin also have the potential to replicate such a sustained bull market?
This is indeed worth discussing. The current market bottom signals and historical data seem to be brewing something. What do you all think? Is it possible for Bitcoin next year to rewrite the cycle law and embark on a more sustained upward trajectory?
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degenwhisperer
· 13h ago
One-third unrealized loss? That's just like eating noodles. History always repeats itself. As long as you haven't liquidated your position, there's still hope.
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liquidation_surfer
· 13h ago
Here comes the cycle theory again. To be honest, I'm tired of hearing this set of theories. Every time they say they want to break the pattern, but it's always the same. That said, missing the bottom at 26,000 was really a regret.
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FlashLoanKing
· 13h ago
One-third unrealized loss? I think, this is just the rhythm of cleaning out the retail investors. The cycle theory is already outdated; Bitcoin is now dominated by institutional players.
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0xLuckbox
· 13h ago
Wait, one-third unrealized loss? Doesn't that indicate a pretty clear bottom signal? History always repeats itself this way.
Whether it's breaking the cycle or just repeating the pattern, no one can say for sure. But if Bitcoin could really learn from gold... hey, that would be something.
Next year? It depends on how the institutions move. Retail investors should probably avoid messing around too much right now.
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AirdropDreamBreaker
· 13h ago
One-third unrealized loss? Uh... this time really tests our mental resilience, haha. But to be honest, I remember the 26,000 wave, at that time many people were calling the bottom, and now it's happening again? As for cycles, they seem to be getting harder to predict. I believe gold can run for 20 years, but whether BTC can replicate... depends on whether the institutions really want it to fly.
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AllInDaddy
· 13h ago
One-third unrealized loss? I just want to ask, who the hell bought at 26,000 and hasn't cut losses yet? Do you still dare to add to your position now? Haha
According to the latest on-chain data, currently about one-third of Bitcoin holders are in a state of unrealized loss. Interestingly, the last time we saw such a situation was in October 2023, when Bitcoin was only around $26,000.
This has led many to consider a question—can Bitcoin break the cyclical pattern of roughly four years? It’s worth noting that gold has maintained a long-term upward trend for over 20 years. As a digital asset, does Bitcoin also have the potential to replicate such a sustained bull market?
This is indeed worth discussing. The current market bottom signals and historical data seem to be brewing something. What do you all think? Is it possible for Bitcoin next year to rewrite the cycle law and embark on a more sustained upward trajectory?