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via CoinDesk · By CoinDesk Staff

Bitcoin’s next parabolic run is coming. But there's a $1 trillion catch

BTC

BTC/USDT

$62,742.00
+0.37%
24h Volume

$8,728,509,242.42

24h H/L

$63,461.99 / $62,436.59

Change: $1,025.40 (1.64%)

Long/Short
61.7%
Long: 61.7%Short: 38.3%
Funding Rate

+0.0042%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,726.97

-0.66%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,853.85
Resistance 1$63,135.55
Price$62,726.97
Support 1$62,398.28
Support 2$60,639.83
Support 3$57,800.19
Pivot (PP):$62,769.19
Trend:Downtrend
RSI (14):48.3
CS
CoinDesk Staff
(06:48 AM UTC)
1 min read
DK
Updated byDavid Kim
1044 views
0 comments

Summary

  • Bitcoin’s capital efficiency has fallen sharply over successive bull cycles, with each new rally requiring far more inflows to produce smaller percentage gains.
  • This cycle, about $697 billion in new money has generated a roughly 689% gain, compared with earlier cycles where far less capital drove returns of 2,000 percent to more than 50,000 percent.
  • Analysts say another parabolic run would…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

CoinDesk Staff · CoinDesk

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