Bitcoin Market Cycles

Market Cycle Analysis - The analysis focuses on Bitcoin's market cycle ROI, measured from the bottom of the last cycle, from the halving, and from the peak [2][9][12][16] - The report highlights the potential for a market cycle top in the fourth quarter of the year, based on the timing of the last two cycles [10] - Diminishing returns are observed when measuring from the low, from the halving, and from the peak [14][16][17] Timing and Patterns - Bitcoin often stalls around the 124 level, observed at 124,000 in 2013, and 12,479 in 2020 [8] - The last two market cycle tops occurred within approximately 8 days of each other, suggesting a potential October timeframe [6] - The analysis notes that Bitcoin has historically peaked in November or December, with one exception in June [6][7] Cycle Length Comparison - The previous market cycle ended on day 1059, and the cycle before that on day 1067, while the current analysis is on day 1016 [4][5] - Measuring from the peak, the last two cycles ended after day 1473 and day 1423 respectively, with the current analysis on day 1382 [17] - Post-halving, cycle 2 lasted approximately 525 days, cycle 3 lasted approximately 546 days, and the current analysis is on day 489 [12]