Roundup: Bitcoin Cycles & Supply in Profit
Dylan LeClair | Guest Contributor
Jul 6, 2023
Hi all,
This is Dylan LeClair, presenting this week’s Onramp Weekly Roundup.
Before we get started… If you’re a HNWI or Institution looking for the best way to get exposure to bitcoin, Onramp Bitcoin could be the right fit for you – schedule a chat with us to discuss your situation & needs.
And now, here’s the weekly roundup…
History Doesn’t Repeat, But it Often Rhymes
The start of today’s issue will show the historical symmetries in the bitcoin market cycle. Currently, the price of bitcoin is +312% since the 2020 halving. While clearly diminishing returns are a factor the larger the bitcoin market cap grows, the pattern of its return profile should be noted.

Similarly, looking at the price performance since the last all time high, we notice a distinct trend. Boom, bust, recovery, repeat. Currently still in the stealth recovery phase, the stars appear to be aligning as 2024 approaches for the bitcoin market to shine.





