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🤔 Does the 4-year Bitcoin cycle still exist?
It's the big question that many analysts are asking...
Historically, Bitcoin evolves in four-year cycles where it skyrockets about a year after the halving, before its price collapses and is followed by a BearMarket phase.
But some experts believe that this cycle could be different with the arrival of a new type of investor, namely ETFs.
Last year, Bitcoin achieved an unprecedented performance by reaching a new ATH BEFORE the halving, following the approval of Spot Bitcoin ETFs.
This has led some analysts and observers to think that the usual Bitcoin cycle may be over.
"At the same time, long-term holders have realized profit levels comparable to past euphoric phases, reinforcing the impression of a market at the end of its cycle," the report emphasizes.
"Every time we think:"
"This time, it's different", it seems that the market is correcting us and showing us that this time, it will be exactly the same thing."
declares Nick Hansen, CEO of the Bitcoin mining company Luxor.