(not financial advice)
As a veteran in the #Bitcoin investing for over a decade, I’ve witnessed the power of the 4-year Bitcoin Cycle. This recurring pattern, since bitcoin was invented, has been a reliable guide for Bitcoin investors and holds the key to its potential rise.
The 4-year cycle is rooted in the Bitcoin block halving. Every four years, the amount of Bitcoin earned by miners is halved, reducing the supply with no corresponding change in demand. Typically, within six months after a halving, we witness a significant surge in Bitcoin’s price.
Each cycle is characterised by a down move where the is a lot of fear, uncertainty and doubt. This usually lasts around 1 year and has, in the past, been followed by a three-year upward trajectory.
During the bull runs, more people join the Bitcoin ecosystem. The total possible supply is limited to 21m, but also some Bitcoins get lost over time, so that means that the total supply may even be decreasing.
In most markets, it’s wise to buy when pessimism reigns and sell when optimism is excessive. This holds true for Bitcoin as well, but those who understand the 4 year Bitcoin cycle gain an additional advantage.
If many people take on board what I say, then there will be less panic selling at the bottom and less FOMO buying at the tops. By sharing this knowledge, I may be making the price cycle smoother and limit my own profit potential from price swings. However, if it helps reduce greed and fear among Bitcoin investors, it could contribute to a more balanced cycle and accelerate Bitcoin adoption.
Nobody knows the future for certain and anyone that tells you that they do is either a fool or a con man. Many factors such as changing demand dynamics, or increased regulation may impact Bitcoin’s price.
None of this article is financial advice.
If you believe in #BTC, then re-post this for reach!