The #Bitcoin Crash Everyone's Waiting For May Never Come
S2F Reversion remains above 1 but below historical cycle extremes. This places Bitcoin in a late-trend expansion / early consolidation regime rather than a terminal top.
Trend structure is intact while momentum is decelerating, typically leading to range-bound price action and shallow drawdowns.
Post-halving issuance is structurally lower, and Spot ETF flows are absorbing more $BTC than miners distribute, reducing sell-side pressure.
Net result: an extended cycle with softer corrections, elevated volatility, and a structurally bullish bias into 2025–2026.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The #Bitcoin Crash Everyone's Waiting For May Never Come
S2F Reversion remains above 1 but below historical cycle extremes. This places Bitcoin in a late-trend expansion / early consolidation regime rather than a terminal top.
Trend structure is intact while momentum is decelerating, typically leading to range-bound price action and shallow drawdowns.
Post-halving issuance is structurally lower, and Spot ETF flows are absorbing more $BTC than miners distribute, reducing sell-side pressure.
Net result: an extended cycle with softer corrections, elevated volatility, and a structurally bullish bias into 2025–2026.