Bitcoin 4 Years Cycle Made Simple ! | Are We in Bottom ?
Decoding the Bitcoin 4-Year Cycle: A Glimpse into Cryptocurrency Trends
As previously mentioned my college years were the birthplace of my entrepreneurial venture, Alphageek.ir. This experience of setting up a business during my academic years didn't just enable me to earn a modest income, but more importantly, it served as an enlightening gateway into the intriguing world of cryptocurrency. AlphaGeek.ir, essentially a cryptocurrency academy, was the platform where I honed my knowledge and understanding of digital currencies, particularly Bitcoin.
Today, I'd like to share one of the most significant insights I've garnered over the years - the concept of Bitcoin's 4-year cycles. This cycle is intrinsically linked to an event known as Bitcoin halving. At its core, Bitcoin halving refers to the process by which the block reward on the blockchain is systematically reduced. If that seems a tad complicated, let's break it down in simpler terms: every four years, the quantity of Bitcoin that is "minted" (or rewarded to miners) is halved. This phenomenon creates a squeeze on the supply side, while the demand side is generally bolstered by an influx of news and increased investor interest. The combination of these factors inevitably drives up the price of Bitcoin.
This price surge, however, isn't an overnight phenomenon. Rather, it typically ensues in the wake of a bull market following a Bitcoin halving. Once the market hits a state of saturation - characterized by everyone around you asking how to purchase cryptocurrency - we begin to witness the onset of a bear market.
Pay attention to time frame ( Monthly ) ( Logarithmic Chart )
in The Picture below i made every bitcoin halving clear by Green Line. ( Monthly ) ( Logarithmic Chart ) :
So, where do we stand now?
As I've articulated in my previous analysis, "What is The State of Crypto Now ( Bitcoin Technical Analysis )", I believe we are currently witnessing the tail end of a bear market. My forecast is that Bitcoin will align with the trajectory of larger markets, such as the NASDAQ and S&P 500, and is poised to rise and breach its recent peak.
Remember, while these patterns offer insights, it's crucial to keep in mind that the cryptocurrency market is subject to volatility. Always invest with a thorough understanding and never more than you can afford to lose