Glassnode: Bitcoin's upward trend has not changed due to the sharp growth in the previous two cycles

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PANews
06-15
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PANews reported on June 15 that Glassnode posted on X platform, stating that although the current Bitcoin market value has grown significantly compared to the previous two cycles, the development trend of the current cycle has not changed due to the increase in market value, and it continues to follow the growth trend of the previous two cycles.

Data shows that Bitcoin rose by 1076% from 2015 to 2018, rose by 1007% from 2018 to 2022, and rose by 656% from 2022 to date. This trend indicates that market demand growth remains synchronized with Bitcoin's mature development, which is also a sign that investors remain optimistic about Bitcoin.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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