In the previous cycle, particularly between 2019 and 2021, BTC recorded more than 2,000% growth, whereas in the 2015- 2017 bull market cycle, the asset experienced an 8,500% rally all the way to the top.
In addition to the deteriorating performance, Alphractal highlighted that the flagship asset has never before reached a new all-time high after several months of separation throughout a single bull cycle. This marks a noticeable shift in its dynamics as the market grows more complex and necessitates the use of robust metrics and intelligent data to comprehend and predict new developments.