Understanding Bitcoin Market Cycles
15 min readinteractive
Master Bitcoin's four-year cycles and their relationship to halvings.
The Four-Year Cycle:
- •Halving Event: Supply shock every 4 years
- •Accumulation Phase: Smart money buys
- •Bull Run: Parabolic price increase
- •Blow-off Top: Euphoria and crash
- •Bear Market: 70-85% drawdown
- •Bottom Formation: Despair and disbelief
Historical Patterns:
- •Each cycle reaches new ATH
- •Diminishing returns over time
- •Lengthening cycles theory