Cryptoquant: Bitcoin may continue its positive cycle and close the third consecutive bullish year

Planet Daily News: Cryptoquant analyst Carmelo_Alemán released a market analysis stating that on-chain analysis using MVRV, UTXO value bands, and trading platform reserves helps interpret blockchain data from micro and macro perspectives. These tools help us understand on-chain dynamics and guide wise decisions. However, the method of constantly seeking micro signals to infer macro trends, while often useful, can sometimes obscure the cyclical forces that truly drive Bitcoin's long-term price behavior. The "Bitcoin Annual Percentage Trend" corrects this issue by showing Bitcoin's annual performance since 2011, revealing a regular cycle: three years of growth followed by one year of consolidation, aligning with Bitcoin's four-year halving rhythm. The importance of this growth cycle is that, according to this indicator, if Bitcoin maintains the typical speed of its third year, it could grow by approximately 120% in 2025, starting from $93,226 and potentially driving the price to $205,097, which could be the cycle top this year. If this logic holds, 2025 is likely to close as the third consecutive bullish year, thus completing another positive cycle. This marks the final stage of the current cycle and has significant strategic importance for investors wanting to align with Bitcoin's multi-year structure. This behavior is also supported by other cyclical indicators like Realized Cap, which is expected to continue setting new historical highs in 2025. Using the long-term perspective of the "Bitcoin Annual Percentage Trend" helps investors remain calm amid short-term fluctuations.