BitcoinLong
The number 1400 in the Bitcoin chart
The pattern where there is a roughly 1,400-day interval between two peaks or two bottoms in Bitcoin cycles aligns with Bitcoin’s four-year cycles. These cycles are usually associated with the Bitcoin halving event, which occurs approximately every four years and reduces the rate at which new Bitcoin is created. Historically, this event has been followed by new bullish trends in the Bitcoin market.
In Bitcoin's four-year cycles, the general trend is as follows:
Halving: A reduction in supply due to the halving of mining rewards increases demand and initiates an upward trend.
Bull Run: Bitcoin’s price rises rapidly and reaches new highs.
Correction and Decline: After reaching a peak, the market usually enters a corrective phase, and prices decrease.
Bottom Phase: Prices gradually reach a bottom and stabilize for a while until a new cycle begins.
These cycles, with approximately 1,400 days between two peaks or two bottoms, are consistent with Bitcoin’s historical patterns. However, as the market matures and more institutional players enter, these cycles may evolve, but so far, the pattern has remained.
In Bitcoin's four-year cycles, the general trend is as follows:
Halving: A reduction in supply due to the halving of mining rewards increases demand and initiates an upward trend.
Bull Run: Bitcoin’s price rises rapidly and reaches new highs.
Correction and Decline: After reaching a peak, the market usually enters a corrective phase, and prices decrease.
Bottom Phase: Prices gradually reach a bottom and stabilize for a while until a new cycle begins.
These cycles, with approximately 1,400 days between two peaks or two bottoms, are consistent with Bitcoin’s historical patterns. However, as the market matures and more institutional players enter, these cycles may evolve, but so far, the pattern has remained.
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