I expect that this bullish phase period will be lasting more than previous cycles.

As time goes by, the bullish phases' periods have been elongated. I assume the main reason is the grown marketcap.

Compared to previous cycles, the differences are the entry of institutional investors by spot ETFs, and eased regulations.

So, I think this cycle will be longer, and a rising rate to this cycle's new BTC(Bitcoin) ATH will be lower than previous 3 cycles.

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Period of the 1st cycle's bullish phase after the 1st BTC halving: 365 days(Approximately)

Period of the 2nd cycle's bullish phase after the 2nd BTC halving: 525 days(Approximately)

Period of the 3rd cycle's bullish phase after the 3rd BTC halving: 550 days(Approximately)

It seemed that I could make a function. So, I fited this data to make a new function.

y=a (x=1)
y=a+(12,500x)^0.5 (x>=2)

a=365, x=n-th BTC halvings.

So, when the x is 4,

Period of the 4th cycle's bullish phase after the 4th BTC halving: y=365+(12,500×4)^0.5≈588 (Assumption)

The BTC 4th halving date is Apr 19, 2024. Therefore, If this function works well, this bullish phase will likely end Dec 30th, 2025.

I hope this function will be called Happycapital's function someday 😂