The 4-Year Cycle: Still Relevant? ๐
Many people reference the 4-year cycle when discussing Bitcoin's price movements. $ACT However, it's worth questioning whether it still holds true.
Historical Patterns:
โข Bitcoin tends to bottom during periods of economic contraction ($FORM).
โข Conversely, it often surges during times of expansion.
Current Market Conditions:
โข Currently, PMI (Purchasing Managers' Index) readings are weak.
โข Liquidity is scarce, and macroeconomic stress is prevalent everywhere.
Yet, despite these conditions, BTC has shown resilience. $GHST This could indicate that Bitcoin's price movements are no longer purely cyclical.
A Shift in the Cycle? ๐
If liquidity truly shifts, this next cycle may not follow the same pattern as before.
It might be characterized by:
โข Smoother price movements
โข A longer duration
โข Greater macroeconomic influence


