Have we finally broken Bitcoin’s four-year cycle? | Crypto Craft

  • Have we finally broken Bitcoin’s four-year cycle?

    From itbrief.co.nz

    Trying to forecast Bitcoin's next move can feel a bit like trying to read a crystal ball … the next four weeks are hard enough, let alone the next four years. Yet, unlike most assets, Bitcoin has always followed a surprisingly predictable rhythm. Every four years, its programmed halving event cuts the mining reward (which supports the supply of new coins) in half, creating a shock of scarcity that has historically ignited massive bull runs. After each halving, the same story tends to play out: prices bottom in the lead-up, momentum builds again and then within 12–18 months, Bitcoin climbs to dizzying highs…only ... (full story)

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