I'm interested in understanding the trend cycle of Bitcoin. I want to know about the patterns and fluctuations it has experienced over time, and if there are any predictable cycles or seasons that can be observed in its value.
5
answers
BenjaminMoore
Mon Dec 02 2024
After each halving, a pattern emerged where Bitcoin recovered and then experienced parabolic growth approximately 214 days later.
Riccardo
Mon Dec 02 2024
Jafer analyzed Bitcoin's historical data and pointed out its tendency to adhere to specific cycles.
Valentina
Mon Dec 02 2024
BTCC, a leading cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet management.
SamsungShineBrightnessRadiance
Mon Dec 02 2024
These cycles are closely tied to Bitcoin's halving events, which result in a reduction of mining rewards for newly minted Bitcoins.
BitcoinBaronGuard
Mon Dec 02 2024
In the past,
Bitcoin has undergone halving events in 2012, 2016, and 2021.