Bitcoin Has Not Yet Delivered What It Has Gained in the Last 2 Bulls: How Much Difference Is Left? - Coin Bulletin

The investment return of Bitcoin after 2022 is significantly lower compared to the last two cycles, but still remains close to the average of previous periods.

According to data reported by Glassnode, there is a significant difference in Bitcoin's return on investment (ROI) in the cycle after 2022 compared to the last two cycles.

Bitcoin investors in the periods of 2015-2018 and 2018-2022 gained 5.90 times and 10.47 times returns respectively. However, this ratio was recorded as 5.98x in the cycle after 2022.

This data indicates that the current cycle is below the average of the last two cycles by (%26.94). The average ROI in the last two cycles was calculated as 8.18x.

For Bitcoin investors, these data indicate a potentially lower return on investment in the current market, but still near the lowest ROI rate of the last two cycles.

This situation may be associated with market dynamics and macroeconomic factors, as well as affected by the general price volatility of Bitcoin and the uncertainty in the cryptocurrency markets.