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RE: Is there really a 4 year Bitcoin cycle?

in LeoFinance3 years ago

I appreciate your investigation into the 4-year cycle theory. Looking at the chart you have provided, it appears that there is always a price run up following a halvening, and I suspect this is due to accomodate mining resources. I see the jokes about it on image board forums that if you miss the bull run, you can always try again in 2024. I don't think it's that simple. I also don't believe that we've seen the top of this cycle yet, but only time will tell

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Looking at the chart you have provided, it appears that there is always a price run up following a halvening, and I suspect this is due to accomodate mining resources.

Yup, and every time the duration from halvening to market top has increased, even for the current cycle, though I agree with you that we haven't seen the top yet.