Transcript excerpt from a YouTube video analyzing Bitcoin price cycles. Speaker compares the current cycle to previous cycles, noting the price moving below a 'power law' trend, describes prior cycles' early run-ups, a double top with a peak in mid-April of the prior year, a flat top period, and subsequent decline.
This is a previous cycle. So every time you go lower, you see exactly what happened at the same time in a previous cycle. So this is the current cycle. You see how we are going below the power low. These were last cycles. We were, you know, we had an early run up, you know, because we had a kind of a double top. We had a top mid April last year. So we were pretty aggressive during this time. Right. Where are we are kind of flat top. Then we went down.
