BitcoinLong
Bull Market Begins Now
For several years now, I've been tracking variations of this chart, and Bitcoin's adherence to its four-year cycle remains striking. Every bear market, people speculate that the cycle has been “broken,” yet Bitcoin consistently follows its historical trajectory, nearly to the day. This pattern isn’t directly impacted by external events but is subtly shaped by the U.S. macroeconomic landscape, which can either dampen or amplify its moves.
From each halving, we typically see about 154 days of consolidation before Bitcoin breaks the all-time high of the previous cycle. Technically, we did breach the previous high briefly due to ETF-driven news, though it was just a wick. Now, we’ve just tapped that previous all-time high again, but it’s possible we’ll need to cool off and consolidate until the election before we see another major move. During this time, Bitcoin dominance (BTC.D) tends to rise for another month, after which we often witness a significant rotation into altcoins as “old money” seeks higher volatility. With the upcoming election and the possibility of a Trump victory, there’s likely to be renewed enthusiasm and optimism for crypto markets.
From each halving, we typically see about 154 days of consolidation before Bitcoin breaks the all-time high of the previous cycle. Technically, we did breach the previous high briefly due to ETF-driven news, though it was just a wick. Now, we’ve just tapped that previous all-time high again, but it’s possible we’ll need to cool off and consolidate until the election before we see another major move. During this time, Bitcoin dominance (BTC.D) tends to rise for another month, after which we often witness a significant rotation into altcoins as “old money” seeks higher volatility. With the upcoming election and the possibility of a Trump victory, there’s likely to be renewed enthusiasm and optimism for crypto markets.
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