Part 10/12:
Technical analysis indicates that Bitcoin is roughly halfway through its current bull cycle, projected to last around 24 months based on historical patterns. The market cap is growing faster than its realized cap—a typical bullish trend—suggesting that the market could peak as early as late 2024 or mid-2025. Recent on-chain data, including miner reserves at all-time lows, suggest that miners are reluctant to sell, further supporting upward price movement.