Bitcoin saw the second-longest bull market fall back, and the price of BTC “stalled” at $30,000

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Bitcoin’s second-longest bull market fell back, and BTC price “stalled” at $30,000

Now since last time (Bitcoin) A record high, but a measure suggests that holders may wait longer.

in a Series of tweets On July 17, the analysis service Ecoinometrics revealed that this year’s fall from a historical high is the second-longest bull market in the history of the Bitcoin bull market.

Bitcoin retracement comparison chart.Source: Econometrics/Twitter
Bitcoin entities flowing to less than 1 BTC and annotated chart.Source: Willy Woo/Twitter