Is a 4-Year Bull Cycle Still Possible ?
Does the 4-year bull cycle of Bitcoin continue to influence the cryptocurrency market ? A recent analyst has raised interesting perspectives for the next 100 days.
Since the launch of Bitcoin ETFs in 2024, new institutional players have entered the market, bringing a certain dose of uncertainty to price movements. However, an analyst on X posed an intriguing question : what if the traditional 4-year cycle continued ?
According to the analyst, the next 100 days could be crucial for Bitcoin. Based on the historical performance of the Bitcoin index since the cycle bottom, the BTC price appears to follow a cyclical trend. Comparing previous cycles (2015-2018 and 2018-2022) with the current cycle, the analyst noted that Bitcoin’s price had increased significantly in the past. Currently, BTC stands at 7.3x from its 2022 cycle bottom.
Bitcoin : An Explosion Coming ?
If the 4-year cycle theory proves correct, Bitcoin could climb even higher before reaching its peak. However, an extension of the uptrend beyond the next 100 days could call this theory into question, thus changing market dynamics.
Currently, Bitcoin’s price hovers around $115,625, with a slight 2% decline this Monday morning over the past 24 hours.
In summary, the analysis of Bitcoin’s 4-year cycle suggests that the cryptocurrency market could experience significant developments in the coming months. It remains to be seen whether BTC will continue to follow this cyclical pattern or if new factors will impact its trajectory.
