Coinbase Expects A Repeat Of 2018-2022 Bitcoin Cycle, What This Means For Crypto

Coinbase Expects A Repeat Of 2018-2022 Bitcoin Cycle, What This Means For Crypto
Crypto exchange Coinbase, one of the largest exchanges in the world, has released its latest report on Bitcoin and the crypto market, highlighting its expectations for the Industry. The 44-page report launched by Coinbase Institutional in conjunction with Glassnode predicts a repeat of one of the most explosive bull markets in recorded crypto history; the 2018-2022 market cycle. Coinbase Says Bitcoin Will Repeat 2018-2022 Cycle In the report, Coinbase and Glassnode analysts take into account a number of indicators and metrics, such as total supply in profit, among others, to figure out which trend the next bull market is expected to follow. Now, after consideration and comparison to all of the previous bull cycles, the analysts settle on the 2018-2022 cycle being the most likely to be emulated this time around. Related Reading: Crypto Analyst Identifies XRP Bear Flag To Trigger A Massive Crash To $0.07 So far, Bitcoin and Ethereum are the cryptocurrencies that have shown the most correlation at the start of the 2018-2022 cycles, suggesting that a similar breakout could be in the ..

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